8 results for “transfer pricing”+ Section 40clear
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In the result, the assessee‘s appeal is dismissed on the afore-said terms
Bench: Shri Sanjay Arora, Hon‘Ble & Shri Manomohan Das, Hon'Ble
40% (Rs. 2.31 cr.) 1 | P a g e Rita Manchhani v. Pr. CIT respectively. This was in pursuance to a sale agreement dated 29/3/2011 (PB pgs. 16-20), on which date the Fair Market Value (FMV) (guideline value under Stamp Act) of the property was at Rs. 6 cr., as against