News (@News): "BBC tax raid case: ITAT partly allows appeals, reduces taxable profit in India to 12 pe…"

BBC tax raid case: ITAT partly allows appeals, reduces taxable profit in India to 12 percent The ITAT rejected BBC’s plea to retain the earlier attribution rate of 8.75 per cent. However, it found that the 15 percent rate fixed by the Assessing Officer was excessive and hence, reduced it to 12 percent. 12-Aug-2026 #news #latest #stayupdated