Taxpayer's Payment to Asset Management Firm Not Subject to Related Person Rules u/s 40A(2.

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....Payment to related person u/s 40A - Addition on account of payment made by the assessee to quantum asset management company by way of research fee - A subsidiary company of the assessee is not a related person within the meaning of section 40A (2), the provisions of section 40A(2) do not attract in the present case - AT....