Tax Guru

No Evidence, No AMP Transaction: ITAT Quashes Bright Line Theory Restores LG’s TP Results

The ITAT deleted transfer pricing adjustments for Advertisement, Marketing, and Sales Promotion (AMP) expenses, confirming no ...
Tax Guru

How to Address Key Income Tax Notices and Avoid Penalty?

Learn to address crucial Income Tax notices like 143(1), 143(2), 148, 139(9), and 245. Timely, informed action prevents penalties, best judgment assessment, and legal ...