PRINCIPAL COMM OF INCOME TAX -4, KOLKATA vs. M/S LINDE INDIA LIMITED
ITAT/338/2016HC Calcutta05 Sept 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
For Respondent: Mr. J. P. Khaitan, Sr. Adv
Section 143(3)Section 154Section 195Section 260ASection 40Section 5Section 50CSection 9
transfer of title to the
goods outside India and hence there is no income chargeable to tax
in India and therefore the provisions of Section 195 of the Act are
not attracted. It was also contended that such advances to
suppliers have also not been charged to Profit and loss Account for
the relevant assessment year.
4. The Assessing Officer
