INDITRADE BUSINESS CONSULTANTS LIMITED,ERNAKULAM vs. DCIT, CORPORATE CIRCLE 1(1), KOCHI

In the result, the appeal by the assessee is allowed for statistical purposes

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

bogus. 7 ITA No.655/Coch/2024. Inditrade Business Consultants Ltd. 8. We are of the considered view that the lower authorities did not correctly appreciate the business model of the assessee, wherein there is no physical delivery of goods from the seller to the assessee and thereafter from the assessee to the purchaser. As noted above, in the open market transaction

YENKEY ROLLER FLOUR MILLS,CALICUT vs. DCIT C-1(1), KOZHIKKODE

In the result, the appeal filed by the appellant stands allowed