PRYSMIAN CAVI E SISTEMI S.R.L,HYDERABAD vs. DCIT (INT,TAXN)-2, HYDERABAD

In the result, the appeal of the assessee is allowed

40A(3) and Rule 6DD(j). No disallowance\ncould have been made in view of the provisions of Section\n40A(3) read with Rule 6DD(j) as no deduction was allowed to and\nclaimed by the assessee in respect of the purchases. When the\ngross profit rate is applied, that would take care of everything and\nthere was no need

PRYSMIAN CAVI E SISTEMI SRL INDIA PROJECT OFFICE (FORMERLY PIRELLI CAVI SISTEMI S P A INDIA PROJECT OFFICE),HYDERABAD vs. DCIT,( INT TAXN)-2, HYDERABAD