Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]

Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]

13 Nov 2025 | Category: Business

The Tribunal deleted the ₹7.73 crore addition made by the Assessing Officer (AO), holding that the assets were used solely for rendering services and did not confer any enduring benefit to the assessee.

🔗 Read More at Original Source
Source: Taxscan | 13 Nov 2025

Related Articles

Groww share price rises 17% on Day 2 of listing, surges over 53% from IPO issue price
Groww share price rises 17% on Day 2 of listing, surges over 53% from IPO issue price

Groww share price: The IPO was a fresh issue of equity shares valued at ₹1,060 crore, along with an offer for sale …

Source: Upstox | 13 Nov 2025
Asian Paints stock jumps over 4% today, extends post-Q2 results rally; brokerages split on outlook
Asian Paints stock jumps over 4% today, extends post-Q2 results rally; brokerages split on outlook

Asian Paints delivered a clear positive surprise on all key metrics in the fiscal second quarter, taking the stock higher by 6% …

Source: Moneycontrol | 13 Nov 2025
Groww share price extends gains a day after listing, surges 37% over IPO price: How to trade now?
Groww share price extends gains a day after listing, surges 37% over IPO price: How to trade now?

Groww share price: Billionbrains Garage Ventures, the parent of India’s top discount broker Groww, extended gains a day after listing on Thursday, …

Source: livemint.com | 13 Nov 2025
← Back to Home