UAE Company is an Independent Entity: Indian Company can’t be Taxed for Its’ Profit, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has ruled that a UAE Company is an independent entity and the profit earned by such a Company cannot be added in the hands of an Indian Company for the purpose of the Income Tax Act, 1961, unless there is proof that the Company is a paper […]
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