ITAT Directs AO to Restrict Royalty and Technical Fee Adjustment to 1.9% of Net Sales as Accepted in Advance Pricing Agreement with CBDT

ITAT Directs AO to Restrict Royalty and Technical Fee Adjustment to 1.9% of Net Sales as Accepted in Advance Pricing Agreement with CBDT

ITAT Directs AO to Restrict Royalty and Technical Fee Adjustment to 1.9% of Net Sales as Accepted in Advance Pricing Agreement with CBDT The Income Tax Appellate Tribunal (ITAT) Delhi held that agreements entered into by the CBDT after examining all relevant aspects deserve the highest sanctity and directed the Assessing Officer to cap the […]