GOWRIPATNAM PRIMARY AGRICULTURAL COOPERATIVE CREDIT SOCIETY LIMITED,GOWRIPATNAM vs. ITO, WARD-1, TADEPALLIGUDEM

disallowance of deduction of\nRs.2,40,747/- under Section 80P(2)(a)(i) of the Income Tax Act, 1961\nsolely

3F INDUSTRIES LIMITED,TADEPALLIGUDEM vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, , ELURU

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

747/-. b) Rejecting comparable uncontrolled Price (CUP) method as the most appropriate method of determining the ALP of purchase of raw materials or semi-finished goods or finished goods and by products with related parties by applying transaction Net Margin Method (TNMM). c) Not considering the prices published by Department of Horticulture, Government of Andhra Pradesh for determination

SINDHURA HOSPITAL,SRIKAKULAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), VISAKHAPATNAM

Bench: Us:

Section 143(3) of the Income Tax Act, 1961 (for 2 Sindhura Hospital short, “the Act”) dated 11.08.2017 for A.Y. 2015-16. The assessee firm has assailed the impugned order on the following grounds of appeal before us: “1. The order of the learned Commissioner of Income Tax (Appeals) is contrary to the facts and also the law applicable