The ‘Sweet Fate’ of Cadbury – Transfer Pricing Relief
Swarnim Srivastava On 27th November, 2013, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) relieved Cadbury India by setting aside the I-T Department’s transfer pricing order for royalty payments made by the company to its UK based parent. Income Tax Department had found that the rightful income of an Indian company was possibly…
Read More “The ‘Sweet Fate’ of Cadbury – Transfer Pricing Relief” »