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MNC have to pay high taxes in India as per CBDT sources

By
Dhrumit Thakkar
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367
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(G.N.S) Dt. 19 Mumbai According to tax experts and CBDT sources, MNCs carrying offshore operations in India, which also have sales revenue from the country, may find that higher profits that are attributed to Indian operations under the prescribed formula-driven approach will result in a higher tax outgo. If a

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