Tag Archives: Audit objections

Audit objection satisfied by AO canot base for reassessment

By | March 25, 2016

Case law on Audit objection Facts of the case It is stated that the petitioner manages consumer loyalty programs for its partner organizations, whereby the customers of its partners become entitled to loyalty points on purchase of certain goods or services, which can be redeemed towards future purchases. The loyalty program is managed by the… Read More »