Adjustment of notional royalty, for the know how transferred to Indian company, against the purchase consideration for the products manufactured for t

Court: Bangalore bench of the Income-tax Appellate Tribunal

Citation: Robert Bosch GmbH Vs. ACIT [2010-TII-149-ITAT-BANG-INTL]

Brief : Recently, the Bangalore bench of the Income-tax Appellate Tribunal (the Tribunal) in the case of Robert Bosch GmbH v. ACIT [2010-TII-149-ITAT-BANG-INTL] (the taxpayer) while rejecting the contention of the tax department held that the taxpayer is not expected to make royalty income with reference to t

Please become a Premium member. If you are already a Premium member, login here to access the full content.