Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Penalty u/s 271(1)(c) - As against the assessee’s stand of claiming such amount as a revenue expenditure, the Tribunal has adopted another route of allowing such deduction in the computation of capital gain by treating it as cost of improvement. These facts do not warrant imposition of penalty
Penalty u/s 271(1)(c) - As against the assessee’s stand of claiming such amount as a revenue expenditure, the Tribunal has adopted another route of allowing such deduction in the computation of capital gain by treating it as cost of improvement. These facts do not warrant imposition of penalty
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