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TPO can apply TNMM to compute ALP even if comparable Co. isn’t manufacturing exactly the same product

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  • TPO can apply TNMM to compute ALP even if comparable Co. isn’t manufacturing exactly the same product
Posted onon March 19, 2019

Tenet Tax Daily March 15 2019

By tenettax-team
International Tax

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Sec. 68 additions justified as assessee failed to justify huge cash gift received from nephew being a salaried person
Interest on NPAs is taxable in the year of receipt only

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