Transfer pricing comparability under TNMM: foreign exchange loss on ECB excluded from operating cost, and a functionally dissimilar comparator removed...
Taxability of interest on FDRs - mutually aided co-operative society to build houses for its members - funds collected from the members are in the nature of capital - capital required for the project are kept in the bank and interest earned can be applied for the purpose of meeting administration cost of the project or can reduce the capital cost of the project - not taxable
Taxability of interest on FDRs - mutually aided co-operative society to build houses for its members - funds collected from the members are in the nature of capital - capital required for the project are kept in the bank and interest earned can be applied for the purpose of meeting administration cost of the project or can reduce the capital cost of the project - not taxable
Note: It is a system-generated summary and is for quick reference only.
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