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If average collection period of outstanding trade receivable is less than industry’s average TP additions are not warranted

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  • If average collection period of outstanding trade receivable is less than industry’s average TP additions are not warranted
Posted onon September 30, 2019

Tenet Tax Daily September 27 2019

By tenettax-team
International Tax

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Reassessment order set aside since AO rejected assessee’s objection without dealing with it: HC
In case where no PE in India, sum received for supply of equipment and its installation are not taxable as FTS

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