HC: TP-provisions inapplicable to outbound share investment; Leaves Sec 56(2)(viib) impact open for post-amendment period


Conclusion

Bombay HC upholds ITAT-order deleting TP-adjustment of Rs.2.58 cr on account of excess money paid to AE (100% subsidiary) for acquiring its shares for AY 2010-11, applies Vodafone ...

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