India -

ITAT Mumbai: Corporate Overhead Allocation to Independent Units Unjustified for Income Tax Deductions

Marico Industries Wins Relief as ITAT Mumbai Disallows Corporate Overhead Allocation for Tax Deductions Mumbai, March 7, 2025– In a significant win for M/sMaricoIndustries Ltd, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench "B", has ruled against the allocation of corporate overhead e...

21 Mar 2025