Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
Section 35DDA payments linked to voluntary retirement schemes are amortisable over five years, but terminal benefits like gratuity and leave encashment are distinct service-linked benefits and are allowable in full where separately identified; denial based on later-enacted payment-timing provisions was rejected. Consideration for assignment of self-generated trademarks before the prospective amendment bringing trademarks within capital asset definition is a capital receipt because acquisition cost cannot be ascertained. Compensation for transfer of marketing rights and related know how is capital where the transfer extinguishes the assessee's income earning apparatus and deprives it of future exploitation rights.
Section 35DDA payments linked to voluntary retirement schemes are amortisable over five years, but terminal benefits like gratuity and leave encashment are distinct service-linked benefits and are allowable in full where separately identified; denial based on later-enacted payment-timing provisions was rejected. Consideration for assignment of self-generated trademarks before the prospective amendment bringing trademarks within capital asset definition is a capital receipt because acquisition cost cannot be ascertained. Compensation for transfer of marketing rights and related know how is capital where the transfer extinguishes the assessee's income earning apparatus and deprives it of future exploitation rights.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
