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3 results for “transfer pricing”+ Reopening of Assessmentclear

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Addition to Income2

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

ITTA/577/2011HC Telangana28 Feb 2012

price paid found to be reasonable, taking an adverse view on the genuineness of M/s Mrigiya Electronics Inds. Pvt. Ltd. On the basis of some enquiry against it in some other case that too for different assessment year will not justified. The AO in Show Cause Notice informed the appellant that Sri Pramod Kumar Sharma, Director M/s Mrigya

Comissioner of Income Tax, vs. P. Ramakrishna Prasad (HUF),

In the result, the appeal is partly allowed

ITTA/496/2012HC Telangana17 Jul 2013
Section 96

assessed by Salary Circle-Eranakulam. From out of his savings he had not only discharged the said balance of price but also subsequently having served in the said Company which was taken over by TATAs, for 20 long years, he had accumulated Provident Fund and Gratuity with which he had not only improved the schedule property but purchased Lower Gowankan

M/s. Canara Securities Ltd vs. Dy. Commissioner of Income Tax

ITTA/3/2020HC Telangana25 Aug 2020

Bench: M.S.RAMACHANDRA RAO,T.AMARNATH GOUD

prices of shares of those companies which are authorized in the (APO NOS. 89, 90, 91, 92, 94, 95, 96 AND 98 OF 2020) REPORTABLE Page 86 of 300 stock exchange have gone up substantially in BCrL, UCL, VTL and BCL and dividends have been consistently declared by those companies. Further, there are no ground for opposing the re-appointment