30 results for “transfer pricing”+ Section 32(1)clear
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In the result, appeal of the revenue is dismissed in limine and Cross objection filed is assessee is dismissed as infructuous
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble
transferring it to the assessee company as investment in share capital. He therefore stated that the sources remained unexplained and hence the addition made by the Ld. CIT(A) be sustained. 11. We have heard the rival contentions and perused the material available on record. From the submissions made by the Ld.AR, we find from the summary of sworn statements