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A company failing parameter of employee cost to sales ratio couldn’t be chosen as comparable for TP study

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  • A company failing parameter of employee cost to sales ratio couldn’t be chosen as comparable for TP study
Posted onon June 17, 2015

Tenet Tax Daily June 01 2015

By tenettax-team
International Tax

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Depreciation available on machinery even if it is installed for trial run and not for production of goods
No penalty on declaration of income pursuant to search if source of income was substantiated and tax was paid thereon

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