ANDHRA PAPER LIMITED,RAJAHMUNDRY vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, RAJAHMUNDRY
In the result, appeal of the assessee is dismissed
ITA 349/VIZ/2024[2020-21]Status: DisposedITAT Visakhapatnam05 Dec 2025AY 2020-21
Bench: Shri Ravish Sood, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.349/Viz/2024 (निर्धारण वर्ा/ Assessment Year:2020-21) Vs. Acit – Circle -1 Andhra Paper Limited 14-6-9, Admin Office Veerabhadrapuram Kateru Road Rajahmundry-533101 Sri Ramnagar S.O. (Rajahmundry) Andhra Pradesh Rajahmundry (Urban) East Godavari – 533105 Andhra Pradesh [Pan: Aaact8849D]
Section 142(1)Section 143(2)Section 143(3)Section 92C
price ('ALP') for payment of royalty in relation to 'Hammermill' and IP' trademark /
tradename.
6. That on the facts and circumstances of the case and in law, the Ld. AO / TPO has erred in not appreciating the fact that 'HP', HAMMERMILL' and IP' are renowned tradenames in the commercial paper sector and the rights to exploit such tradenames for commercial
