Extraordinary expenses like employee salaries and consultancy fees must be considered in Arm's Length Price calculations for tax assessments.

Extraordinary expenses like employee salaries and consultancy fees must be considered in Arm's Length Price calculations for tax assessments. https://www.taxtmi.com/highlights?id=34504 TPA - it is not appropriate to ignore the extraordinary items of expenditure in the form of employee salary cost and consultancy charges incurred by the assessee in the assessment year under consideration. Hence, we are of the opinion that an adjustment has to be given towards this, while computing the ALP - AT en-us Mon, 24 Apr 2017 07:23:44 +0530 Mon, 24 Apr 2017 07:23:44 +0530 TaxTMI RSS Generator Extraordinary expenses like employee salaries and consultancy fees must be considered in Arm's Length Price calculations for tax assessments. https://www.taxtmi.com/highlights?id=34504 TPA - it is not appropriate to ignore the extraordinary items of expenditure in the form of employee salary cost and consultancy charges incurred by the assessee in the assessment year under consideration. Hence, we are of the opinion that an adjustment has to be given towards this, while computing the ALP - AT Highlights Income Tax Mon, 24 Apr 2017 07:23:44 +0530 https://www.taxtmi.com/highlights?id=34504