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Transfer Pricing
Taxsutra TP Updates: March 14: ITAT: Upholds forex gain/loss as operating…
ITAT: Rectifies earlier order; Allows credit period and interest above 60 days…
ITAT: Upholds forex gain/loss as operating expense; Rejects functionally…
ITAT: Applies upper turnover filter in SWD, ITeS segments; Adopts LIBOR+2% on…
ITAT: Rules on comparables qua SWD segment; Allows assessee’s plea w.r.t…
HC: Dismisses assessee’s writ petition against assessment order; Notes merger…
Taxsutra TP Updates: March 13: ITAT: Holds foreign currency loss inter-linked…
ITAT: Upholds royalty payment of 4% at ALP; Follows precedents
ITAT: Holds foreign currency loss inter-linked to sales as operating expense…
ITAT: Remits TP adjustment qua segmental margins under manufacturing segment
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Direct Tax
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