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1 result for “transfer pricing”+ Section 150clear

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Key Topics

Section 253(3)3

INDRA NARAYAN TRIPATHI,GORAKHPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, RANGE - 02,, GORAKHPUR

In the result, appeal filed by the assessee in ITA

ITA 5/VNS/2020[2014-2015]Status: DisposedITAT Varanasi04 Jul 2022AY 2014-2015

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

For Appellant: Shri Ashutosh BhardwajFor Respondent: Shri A.K. Singh, Sr. D.R
Section 143(2)Section 143(3)Section 143(3)(ii)Section 253(3)Section 253(5)Section 52C(2)

150/-. The assessee is engaged in wholesale trading of Galla items i.e., Paddy, Rice and Wheat etc., as a proprietorship concern in the name and style of M/s. Shree Maa Durga Galla Bhandar. The case of the assessee was selected by Revenue for framing limited scrutiny u/s 143(3) of the 1961 Act, to examine the issue of sale consideration