News
AAAR ruling on salary to impact head office-branch GST dynamics
- Date:
- January 17, 2022
- Source:
- Economic Times
Does the chief executive of a large corporation headquartered in Mumbai work for the whole company or just the head office? Or, should certain common expenses such as salary , marketing, branding or legal expenses be distributed across branch offices or absorbed by head office alone? A recent ruling by the Appellate Authority for Advance Ruling ( AAAR ) says allocation of salary…