Relief to Sabre Travel Network (India) : ITAT deletes Additions of Foreign Exchange Loss incurred from Marketing Services [Read Order]

By Aparna. M - On June 8, 2023 8:00 am - 2 mins read
Sabre Travel Network (India) - Sabre - ITAT deletes Additions - Foreign Exchange Loss - Marketing Services - taxscan

The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently while providing relief to  Sabre Travel Network (India) deleted additions made on account of foreign exchange loss incurred from marketing services. Assessee Sabre Travel Network (India) Pvt. Ltd.  is a wholly owned subsidiary of Sabre Asia Pacific Pte Ltd. (SAP). SAP provides a Computerised…

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