While deciding on ALP adjustments qua export of goods to AEs and guarantee commission in case of a pharma company, engaged in manufacturing and marketing of formulations in India, the Mumbai ITAT accepted foreign AE as tested party. The Bench comprising B.R Baskaran and Rahul Chaudhary observed that “so far the assessee herein is concerned and qua the transfer pricing …
ANDREW HASTIE, MP: In Australia it is clear that the Chinese Communist Party is working to covertly interfere with our media and universities and also to influence our political processes and public debates. Last year, in response to a scandal over Chinese Communist Party influence in Australia, the federal government passed sweeping new laws, banning foreign interference in Australian politics. …