2 results for “transfer pricing”+ Section 168clear
Sorted by relevance
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
transfer of an amount of Rs. 1,07,350 to N, an employee of assessee in Bombay office, the amount cannot be assessed as undisclosed income of in the absence of positive material brought by Revenue to prove that the amount in fact belonged to assessee as the burden lay on the Revenue