Section 40A(2) Clarifies No Extra Tax for Shared Administrative Costs Among Sister Companies at Same Tax Rate.

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....Addition u/s 40A(2) - administrative service expenditure from sister concern as per agreement - instead of different companies incurring such expenditure, the same would be commonly undertaken by one company and different sister concerns would undertake a portion of such expenditure - motivated by business decision, no transfer of profit, tax rate of payee and Assessee was same - no addition....