Sunday, May 3, 2020

Exclusion of Comparables based on Turnover is valid: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) held that exclusion of comparables based on turnover is valid. The facts relating to the transfer pricing issue are that the assessee-company is engaged in the activities in India, which includes design and sales agent support services NXP’s design competence center in Bangalore offers user solutions for vibrant media […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2WiBNYU

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