The Pune Bench of Income Tax Appellate Tribunal (ITAT) has deleted an addition against Volkswagen on account of government grants. The assessee, Volkswagen India Private Limited filed its return declaring Nil income. The assessment was completed by making addition on account of certain transfer pricing adjustment. The PCIT issued a show cause notice observing that…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now 
