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ITAT remands back matter to enquire into an issue directly relevant to TP adjustments and not dealt with by DRP

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  • ITAT remands back matter to enquire into an issue directly relevant to TP adjustments and not dealt with by DRP
Posted onon January 21, 2014

Tenet Tax Daily January 21 2014

By tenettax-team
International Tax

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Sec. 40(a)(ia) contemplates actual tax deduction and not mere debit entry in account of payee
Expenditure incurred on tenancy rights during acquisition of running business is revenue expenditure

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