A number of arrangements, the essential feature of which is that income, which would have been taxed at a higher rate in the hands of the person who derived it, is taxed in the hands of another person at a lower rate.
Asian Paints fourth quarter consolidated total income grew up to Rs 2,733 crore as against Rs 2,546 crore. EBIDTA of the company stood at Rs 393 crore from Rs 383 crore, in the same period last year.
