VAIBHAV GLOBAL LIMITED,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5, JAIPUR

In the result, the penalty is directed to be deleted and appeal of the assessee is allowed

92B, any amount is added or disallowed in computing the total income under sub-section (4) of section 92C, then, the amount so added or disallowed shall, for the purposes of clause (c) of this sub- section, be deemed to represent the income in respect of which particulars have been concealed or inaccurate particulars have been furnished, unless the assessee

VAIBHAV GLOBAL LIMITED,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5, JAIPUR

In the result, the penalty is directed to be deleted and appeal of the assessee is allowed

92B, any amount is added or disallowed in computing the total income under sub-section (4) of section 92C, then, the amount so added or disallowed shall, for the purposes of clause (c) of this sub- section, be deemed to represent the income in respect of which particulars have been concealed or inaccurate particulars have been furnished, unless the assessee

JAIPUR RUGS COMPANY PVT. LTD.,JAIPUR vs. ACIT, JAIPUR

Appeals are allowed for statistical purposes only

transfer pricing is also not acceptable. Hence, we find that the matter has not been properly examined by the TPO or by the ld. CIT(A) to work out the correct methodology for the purpose of computing the arm’s length price and then benchmarking the same with the price of the international transaction. Hence, in the facts and circumstances

JAIPUR RUGS COMPANY PVT. LTD.,JAIPUR vs. DCIT, JAIPUR

Appeals are allowed for statistical purposes only

transfer pricing is also not acceptable. Hence, we find that the matter has not been properly examined by the TPO or by the ld. CIT(A) to work out the correct methodology for the purpose of computing the arm’s length price and then benchmarking the same with the price of the international transaction. Hence, in the facts and circumstances

DCIT, JAIPUR vs. M/S JAIPUR RUGS COMPANY PVT. LTD., JAIPUR

Appeals are allowed for statistical purposes only

transfer pricing is also not acceptable. Hence, we find that the matter has not been properly examined by the TPO or by the ld. CIT(A) to work out the correct methodology for the purpose of computing the arm’s length price and then benchmarking the same with the price of the international transaction. Hence, in the facts and circumstances

DCIT, JAIPUR vs. JAIPUR RUGS COMPANY (P) LTD., JAIPUR

Appeals are allowed for statistical purposes only

transfer pricing is also not acceptable. Hence, we find that the matter has not been properly examined by the TPO or by the ld. CIT(A) to work out the correct methodology for the purpose of computing the arm’s length price and then benchmarking the same with the price of the international transaction. Hence, in the facts and circumstances

VAIBHAV GLOBAL LIMITED,JAIPUR vs. DCIT, CC-4, JAIPUR

sections": [ "143(3)", "144C(13)", "144C(5)", "92D", "10D", "92C(3)", "92B", "92C", "115JB", "270A", "36(1)(va)", "115QA", "69C", "115QB", "10B(2)", "10C", "92", "10A" ], "issues": "The key issues involve the appropriateness of the transfer pricing

MANIRATNAM GEMS PVT. LTD.,BEAWAR vs. ACIT,C-2, AJMER

In the result, the appeal filed by the assessee is allowed

section 92 or 92B with any specified associate concern nor had any transaction with specified person in domestic transactions, as such there was no requirement of any report being furnished in form 3CEB, u/s 92E of the Act. The provisions of Transfer Pricing