IT/ILT : Where a company has failed in employee cost to sales ratio it could not be taken as comparable
IT/ILT : Share application money cannot be treated as loan amount merely because there was delay in issuance of shares by subsidiary in name of assessee and cause of delay was duly explained by assessee
The Government may roll back certain changes introduced in the new ITR forms which require assessees to disclose details about the foreign trips and bank accounts. It is believed that such a move is being taken after...
IT/ILT : Where reimbursement of engineering and software licencing expenses made to parent company located abroad was for benefit derived by assessee company, TPO was not justified in determining ALP of said payments at nil