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Judgements by Poojitha Raam Vinay

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Can an international transaction applied at Transactional Net Margin Method be considered at arm's length?

  Poojitha Raam Vinay pro badge    07 August 2021 at 09:42

The assessee, a resident company, is engaged in the business of shipping agency. For the assessment year under dispute, assessee filed its return of income on 30.11.2011 declaring total income of Rs.4,58,57,900/-.

Posted in Income Tax |   150 Views

In case of disputed purchases, only profit element embedded in the value of such disputed purchases shall be brought to tax

  Poojitha Raam Vinay pro badge    07 August 2021 at 09:42

This appeal in ITA No.40/Mum/2020 for A.Y.2007-08 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-30, Mumbai in appeal No.CIT(A)-30/19(1)(2)/13153/2015-16 dated 26/09/2016 (ld. CIT(A) in short) against the order of assessme

Posted in Income Tax |   214 Views



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