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2013 (1) TMI 806 - AT - Income TaxDetermination of Arms length price - whether closing stock to be included in calculation of operating profit margin - Held that:- It is impermissible to add up figure of closing stock without giving effect to the figure of opening stock - Thus TPO is erred in computing operating profit - Remanded back for calculation of correct operating profit margin Disallowance of PF and ESIC dues - paid beyond the due date under respective Acts but before the due date of filing the return - Held that:- since the amount is deposited before the due date of filing the return of income u/s 139(1) it cannot be disallowed - Decided in fravor of assessee
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