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1 result for “transfer pricing”+ Section 36(1)(vii)clear

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Key Topics

Section 43(5)2Section 362Section 432

BEIERSDORF INDIA (P) LTD.,PANAJI vs. INCOME TAX OFFICER, WARD - 2(4),, PANAJI

In the result, appeal of assessee is partly allowed

ITA 337/PAN/2018[2014-15]Status: DisposedITAT Panaji17 Aug 2022AY 2014-15

Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal

For Appellant: Sh D.E. Robinson, AdvocateFor Respondent: Sh Ranjan Kumar, CIT-DR
Section 28Section 36Section 43Section 43(5)

section 36(1)(vii) of the Act. Therefore, the A.O. as well as the Ld. CIT(A) was right in dismissing the claim of assessee. 5. On careful consideration of the above rival submissions, from the assessment order we observed that before the A.O. the assessee filed written submissions dated 14.12.2016, which reads as follows : 7 ITA.No.337/PAN./2018 Beiersdorf