COVID Fixed Costs Are Extraordinary; Exclude Them From TP Operating Costs: ITAT Bangalore

Bangalore ITAT excludes COVID-related extraordinary costs, directs capacity-utilisation review, restricts TP adjustment to AE transactions and remands bad-debt and working-capital issues. The post COVID Fixed Costs Are Extraordinary; Exclude Them From TP Operating Costs: ITAT Bangalore appeared first on TaxGuru .