CORPORATE AND PROFESSIONAL UPDATES 31ST AUG 2018
Direct Tax : Delhi ITAT rejects TPO/DRP’s Net Asset Value (NAV) based ALP for benchmarking consideration for sale of shares in an Indian company by assessee (Singapore company) to another non-resident entity (AE) for AY 2012-13 [TS-897-ITAT-2018(DEL)-TP] Delhi ITAT confirms Rs. 80 lakh bogus share capital subscription addition u/s 68 in case of assessee (a private …