Section 80-O: Mere Newspaper Cuttings not proves Commercial Expertise sharing  

Hindustan Export & Import Corporation Private Limited Vs DCIT (Bombay High Court)

Bombay HC in Hindustan Export & Import Corporation Private Limited Vs DCIT held that sharing newspaper cuttings alone did not meet criteria for sharing commercial expertise under Section 80-0 of Income Tax Act, 1961.

In the case of Hindustan Export & Import Corporation Private Limited vs. DCIT (Bombay High Court), the central issue revolved around whether the sharing of newspaper cuttings alone qualified as sharing commercial expertise under Section 80-O of the Inco

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