TMI BlogCIT(A) Rules Adjustments Permissible for Differences Between 'Principal to Principal' Trader and 'Commission Agent' Roles.TPA - CIT(A) has examined the agency agreement and held that that certain adjustments on account of functional differences between a person who acts as ‘principal to principal’ i.e. a trader and a person who acts as a mere ‘commission agent would be allowed - order of CIT(A) sustained - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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