2013 (4) TMI 191

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..... t 'the Act') is directed against an order dated 22.08.2012 passed by the Income Tax Appellate Tribunal, Chandigarh (for short 'the Tribunal') arising out of the assessment year 2006-07. The Revenue has framed the following substantial question of law:- "Whether on the facts and circumstances of case, the Hon'ble ITAT was justified in upholding the order of the Ld. CIT(A), in deleting the additio .....

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..... assessee. It was also held that the Assessing Officer made addition solely on the ground that the assessee has charged less sale price from the sister concerns as compared to the non-sister concerns. The provisions of Section 40-A of the Act could not have been invoked as no payment has been made to the sister concerns for any item of expenditure, which the assessee might have claimed as revenue e .....

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