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TPO cannot question justification for purchase of Know-how – he can only determine ALP of the purchase

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  • TPO cannot question justification for purchase of Know-how – he can only determine ALP of the purchase
Posted onon August 12, 2019

Tenet Tax Daily August 12 2019

By tenettax-team
International Tax

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Expenditure related to scientific research does not require approval to claim deduction u/s 35(1)(i)
Revenue expenditure – expenditure incurred for upgrading cricket stadium in accordance with ICC standards: HC

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