M/S. VIJAYALAXMICASHEW CO.,,KOLLAM vs. THE ACIT, KOLLAM
In the result, the appeals of the assessees in ITA Nos
ITA 47/COCH/2016[2008-09]Status: DisposedITAT Cochin03 Feb 2020AY 2008-09
Bench: S/Shri Chandra Poojari, Am&George George K., Jm
b). Purchases from these very sister concerns consisting of wholes and splits.
The Assessing Officer ought to have applied the same yardstick in the matter of
pricing of sales to sister concerns for their export. In the course of export and the
sales are invoiced grade wise corresponding to the grades exported by the sister
concern and relevant export contract
