Google AdWords

The ruling by the Bangalore-based Income Tax Appellate Tribunal (ITAT) may have repercussions on similar transactions by multinationals, feel experts

Revenue from advertising fell to 28 per cent from 69 per cent a year ago. Profit rose 16 per cent to Rs 473 crore during FY19 from Rs 406 crore a year ago

The ITAT had earlier ruled in favour of the revenue department in the case of Google India payment for AdWords for the assessment year 2006-07 to 2012-13

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