M/S. CERATIZIT INDIA (P) LTD.,NEW DELHI vs. ITO, NEW DELHI
In the result, the appeal of the revenue in ITA No
ITA 995/DEL/2012[2004-05]Status: DisposedITAT Kolkata01 Aug 2018AY 2004-05
Bench: Hon’Ble Shri S.S. Godara, Jm & Shri M.Balaganesh, Am ] I.T.A No. 928/Del/2012 Assessment Year : 2004-05 Acit, Circle-3(1), N.D. -Vs- M/S Ceratizit India Pvt. Ltd. [Pan: Aaccc 2210 P] (Appellant) (Respondent) I.T.A No. 995/Del/2012 Assessment Year : 2004-05 M/S Ceratizit India Pvt. Ltd. -Vs- Acit, Circle-3(1), N.D. [Pan: Aaccc 2210 P] (Appellant) (Respondent)
For Respondent: Shri Sanjoy Paul, Addl. CIT Sr. DR
Section 143(3)
TP proceedings, the ld TPO rejected the assessee’s application of CUP method. The ld TPO aggregated both manufacturing and trading activities of the assessee and applied Transactional Net Margin Method
(TNMM) as the MAM at entity level, which is evident from page 5 of the order of the ld
TPO. The ld TPO selected 3 comparable companies taking Profit
