ITAT directs AO to delete Transfer Pricing Adjustments by way of Royalty against Himalaya Drug Company [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench directed Assessing Officer to delete Transfer Pricing Adjustments by way of royalty against Himalaya Drug Company. The assessee, M/s. The Himalaya Drug Company is a partnership firm engaged in manufacture and sale of Ayurvedic medicines and preparations, consumer/personal care products and animal health care products. It filed […]

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