143 results for “transfer pricing”+ Section 28clear
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In the result, the appeals of the assessees in ITA Nos
Bench: S/Shri Chandra Poojari, Am&George George K., Jm
transfers his goods to another trader at a price less than the market price, and the transaction is a bona fide one, the taxing authority cannot take into account the market price of those goods, ignoring the real price fetched, to ascertain the profit from the transaction.The mere fact that sales were made at prices lower than cost or even