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2 results for “transfer pricing”+ Section 37(1)clear

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Key Topics

Section 2634

ASHOK KUMAR PANDEY,DHANBAD vs. PR. CIT, DHANBAD

In the result, this appeal of assessee is allowed

ITA 11/RAN/2022[2017-18]Status: DisposedITAT Ranchi24 Mar 2025AY 2017-18

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 143(1)Section 143(2)Section 143(3)Section 263

37,58,750.43 for 2 Ashok Kr. Pandey Vs PCIT the financial year under consideration and when asked to explain the reasons for high closing stocks, the learned Authorised Representative (ld. AR) of the assessee submitted on 16/02/2019 that during relevant financial year, some projects were completed and most of the projects were shown under 'work in progress' since

SUDHIR KUMAR JHA,BOKARO STEEL CITY vs. ACIT OR DCIT, CIRCLE-3, BOKARO

In the result, the appeal of the assessee is dismissed

ITA 131/RAN/2024[2017-2018]Status: DisposedITAT Ranchi24 Apr 2025AY 2017-2018
For Appellant: Shri Anil Kumar Jha, AdvocateFor Respondent: Shri Khubchand T. Pandya, Sr. DR
Section 250

1) dated 03.04.2024 passed u/s. 250 of the Income Tax\nAct, 1961 (hereinafter referred to as “the Act”) for AY 2017-18.\n2.\nShri Khubchand T. Pandya, Sr. DR appeared on behalf of the revenue\nand Shri Anil Kumar Jha, Advocate appeared on behalf of the assessee.\n3. It was submitted by the Ld. AR that the assessee