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No interest on loan could be added to income if interest was waived off on ground of commercial expediency
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Corporate Tax
No interest on loan could be added to income if interest was waived off on ground of commercial expediency
Posted on
on
May 29, 2017
Tenet Tax Daily May 29 2017
By
tenettax-team
Corporate Tax
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Resale of goods purchased from AE to be benchmarked at RPM even if assessee was full-fledged distributor of goods
Matter remanded by Tribunal as TPO rejected CUP method applied by assessee without assigning any reason
