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Resale of goods purchased from AE to be benchmarked at RPM even if assessee was full-fledged distributor of goods

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  • Resale of goods purchased from AE to be benchmarked at RPM even if assessee was full-fledged distributor of goods
Posted onon May 29, 2017

Tenet Tax Daily May 27 2017

By tenettax-team
Corporate Tax

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No penalty on late filing of audit report if it was duly submitted before completion of assessment: ITAT
No interest on loan could be added to income if interest was waived off on ground of commercial expediency

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