Wednesday, 28 January 2015

CIT(A) rightly excluded value of free materials supplied by AE in calculating mark-up on cost incurr

IT/ILT : Where Commissioner (Appeals) in TP adjustment had calculated 6 per cent mark up after excluding value of raw material supplied to assessee free of cost by AE, in accordance with course of action adopted by department in immediate preceding year, same was to be upheld


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