The Mumbai Bench of Income Tax Appellate Tribunal, while confirming the additions for cost reimbursement as fees for technical services, noted that the assessee had no basis of allocation or actual cost incurred for affiliates.The bench of Aby T. Varkey and S. Rifaur Rahman has observed that the assessee has entered into a support services agreement. The Mumbai Bench of …
Highlights Goshawk Aviation Limited is one of the main lessors of the MAX aircraft of SpiceJet The parties have agreed to settle their disputes under and related to the aircraft lease agreements The agreement ends all litigation proceedings between the parties SpiceJet on Tuesday announced a settlement agreement with aircraft lessor Goshawk Aviation Limited and its affiliated leasing entities Wilmington …
NEW YORK — Four minor league teams that lost their big league affiliations before the 2021 season have filed an antitrust lawsuit against Major League Baseball, using a law firm that has represented players’ unions. Parent companies of the Staten Island Yankees, Tri-City Valley Cats, Norwich Sea Unicorns and Salem-Keizer Volcanoes filed suit Monday in U.S. District Court in Manhattan, …
A pair of minor-league teams are publicly taking the Yankees to task for the way they say the major league organization decided to end their working relationship. “When someone is disingenuous enough to make the statement that the Yankees made back in the George Floyd days that we’re all for Black Lives Matter, we’re all for community involvement and diversity, …
