Functional profile of a company cannot be that of a trader if it does not bear the risk associated with owning inventory


Last updated: 09 October 2021

Court :
ITAT Delhi

Brief :
This appeal by the assessee is preferred against order dated 29.06.2021 framed u/s 143(3) r.w.s 144C(13) r.w.s 144B of the Incometax Act, 1961 [hereinafter referred to as 'The Act'] pertaining to A.Y. 2016-17.

Citation :
ITA No. 907/DEL/2021 [A.Y 2016-17]

You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
 

CCI Pro

Comments

CAclubindia's WhatsApp Groups Link


CCI Pro
Meet our CAclubindia PRO Members


Follow us