Companies exceeding Rs. 200 crore turnover and free returnable test assets are excluded from taxation.
Companies exceeding Rs. 200 crore turnover and free returnable test assets are excluded from taxation. Issue Whether an upper turnover filter of Rs. 200 crores is justified in transfer pricing benchmarking using TNMM when the assessee’s turnover is Rs. 21.34 crores. Whether adopting a Cash Profit Level Indicator (Cash PLI, excluding depreciation) is appropriate when… Read More »