GUALA CLOSURES (INDIA) PVT. LTD.,PANAJI vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, PANAJI., SELECT CITY
Appeal is dismissed in above terms
ITA 205/PAN/2019[2012-13]Status: DisposedITAT Panaji13 Oct 2023AY 2012-13
Bench: Shri Satbeer Singh Godara & Dr. Dipak Ripote
For Appellant: Shri Ketan VedFor Respondent: Shri P.S. Shivshankar, CIT-DR
Section 143(3)Section 144(3)Section 144CSection 253Section 263Section 4
139
taxmann.com 503 [Mumbai-Tribunal] Barclays Bank PLC vs.
CIT has already settled the instant legal issue against the department as under :
“12. We have carefully gone through the submissions in the case laws and the records.
13. First, we note that in this case, the assessment order was passed after transfer pricing adjustment were made by the TPO. These
