Relief to Dell: ITAT allows the benefit of Deduction for Amounts settled under Indo-U.S.A. MAP

In a major relief to Dell International Services India Private Limited, the Income Tax Appellate Tribunal (ITAT), Bangalore Bench allowed the benefit of deduction under Section 10A of Income Tax Act for amounts settled under Indo-U.S.A. Mutual Agreement Procedure (MAP). The Assessee, M/s. Dell International Services India Private Limited is a wholly owned subsidiary of […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2DCNt3B