AMP expenditure of Samsung India Electronics can’t be considered as an International Transaction: ITAT [Read Order]

AMP expenditure of Nikon India can’t be considered as an International Transaction: ITAT [Read Order]

Delhi HC directs TPO to determine existence of an International Transaction between the Yum Restaurants and its AE involving AMP Expenses [Read Order]

Transfer of Shares by Assessee to its wholly-owned Subsidiary can’t be considered as a Gift and just a Circular Transaction to avoid Tax: Madras High Court [Read Judgment]

Foreign Exchange fluctuation should be treated as operating profit/loss while computing the profit margin: ITAT [Read Order]

Writing off Bad Debts eligible for deduction, but no details regarding exact nature of transactions given: ITAT restores the matter to CIT(A)