Bombay High Court Upholds APA-Based Royalty Adjustment; Refunded Rs. 19.44 Crore Cannot Be Taxed as Income of Foreign AE

Bombay High Court Upholds APA-Based Royalty Adjustment; Refunded Rs. 19.44 Crore Cannot Be Taxed as Income of Foreign AE The […]

Bombay HC Directs Income Tax Dept. to Grant TDS Credit Despite Wrong Deposit as Advance Tax by Deductor.

The Bombay High Court has held that no disallowance under Section 40(a)(ia) of the Income Tax Act, 1961 can be […]

ITAT Grants Reckitt Relief in Marketing Intangibles Transfer Pricing Dispute

ITAT Grants Reckitt Relief in Marketing Intangibles Transfer Pricing Dispute The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) […]

AMP Expenses Held as Revenue Expenditure, No TDS on Payment Gateway Charges

ITAT Rules in Favor of MakeMyTrip: AMP Expenses Held as Revenue Expenditure, No TDS on Payment Gateway Charges The Income […]