No clear winner in LG India marketing intangibles case: In-depth analysis

The special bench of the Delhi Income Tax Appellate Tribunal (ITAT) has recently delivered a verdict on the much debated issue of marketing intangibles in the case of LG Electronics. Sanjiv Malhotra, of BMR Advisors, who was a briefing counsel for some of the interveners in this case, provides an in-depth analysis of the ruling and the issues raised.