Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Transfer pricing adjustment - the conclusion of the TPO that the PSM is adopted by the assessee only to camouflage loss at the net level is merely an allegation and hence devoid of merit - the Profit Split Method is applicable mainly in international transactions which are so interrelated that they cannot be evaluated - AT
Transfer pricing adjustment - the conclusion of the TPO that the PSM is adopted by the assessee only to camouflage loss at the net level is merely an allegation and hence devoid of merit - the Profit Split Method is applicable mainly in international transactions which are so interrelated that they cannot be evaluated - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
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