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
transfer prices. For example when price of say W320 grade
contracted earlier was Rs. X which is less than cost or current price, assessee is
bound to sell atcontracted price only. It was submitted that A.O. wrongly presumed
that entire sales in India were to sister concerns. The sales wereeffected in the
domestic market through depots, consignment agents
