When both AE and Indian Enterprise are making contribution then PSM is to be follow for Determination of ALP: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) held that when both Associated Enterprises (AE) and Indian enterprises are making contributions then Profit Shifting Matrix  (PSM) is to be followed for determination of Arm’s Length Price (ALP). The assessee, Venture Infogain India Pvt. Ltd. is engaged in the business of software development and filed the return of […]

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