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ITAT remanded matter to determine whether AMP exp. incurred for brand promotion was international transaction
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International Tax
ITAT remanded matter to determine whether AMP exp. incurred for brand promotion was international transaction
Posted on
on
July 14, 2017
Tenet Tax Daily July 12 2017
By
tenettax-team
International Tax
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Transfer of only specific ‘assets and liabilities’ in lieu of consideration couldn’t be held as demerger
No reassessment could be made on basis of an issue which was duly answered in favour of assessee by ITAT