No TP Adjustment on Brand Royalty: ITAT Follows Precedent in Vodafone Case   The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has set aside a ₹120.54 crore transfer pricing (TP) adjustment related to brand royalty payments made by Vodafone Idea Ltd for Assessment Year (AY) 2012-13. The ruling in Vodafone Idea Ltd vs…

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