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Case Law Details

Case Name : Alcon Laboratories (India) Private Limited Vs ACIT (ITAT Bangalore)
Related Assessment Year : 2020-21
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Alcon Laboratories (India) Private Limited Vs ACIT (ITAT Bangalore)

AMP Adjustment Deleted Following Past Years; Interest on Receivables Restricted; Seminar Expenses & Double Disallowance Remanded

The Bangalore Bench of the ITAT partly allowed the appeal of Alcon Laboratories (India) Pvt. Ltd. for AY 2020-21, dealing with multiple high-value transfer pricing and disallowance issues.

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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