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ITAT Allows Group Rates as Benchmark
May, 29th 2010
Transfer Pricing – The Mumbai Income Tax Appellate Tribunal recently held in an unreported case that 3 Global Services Private Ltd. could use hourly rates published by a well-known Indian software company association as a comparable uncontrolled price (CUP) in calculating arm’s-length prices. [3 Global Services Private Ltd., Mumbai ITAT] Enjoying this article.
 
 
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