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


Last updated: 07 August 2021

Court :
ITAT Mumbai

Brief :
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/-.

Citation :
ITA No. 6877/MUM/2019

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