Moneycontrol
YOU ARE HERE > Moneycontrol > Taxes > Glossary

Taxes

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Benefit test

In considering whether a company may be allowed to deduct, as an expense, payments made to a related company in a multinational group on account of expenses incurred by that related company in providing intra-group services, tax authorities would refuse a deduction unless a real benefit had been conferred on the company claiming the deduction.

Sections
Follow us on
Available On
PCI DSS Compliant