Tuesday, May 23, 2017

Operating profit is Relevant in deciding Interest Waiver Application

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Fact that the Assessee is a part of DuPont, a global conglomerate which had in 2011 $37.96 billion in net sales and $6.253 billion as operating profit , cannot be said to be an irrelevant factor in considering whether any genuine hardship was undergone by the Petitioner.

May 23, 2017 at 10:01AM

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from editor2

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