Tuesday 11 March 2014

Addition made by TPO set aside as difference in operating profit margin was within tolerance limit

IT/ILT : Where TPO having found that assessee's operating profit margin was 5.74 per cent as below arithmetic mean margin of comparables of 6.97 per cent, made certain addition to assessee's ALP, since difference in operating margin was within range of plus/minus 5 per cent, no adjustment was required to be made


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