TMI BlogAddition u/s 68 - related party transaction - Merely because M/s. LDC Holding Pvt. Ltd., outsourced...Addition u/s 68 - related party transaction - Merely because M/s. LDC Holding Pvt. Ltd., outsourced solar plant installation work to a third-party, would not make the transaction to be bogus. Similarly, in respect of manpower supply charges paid by assessee, except for the allegation by the Ld. AO that the employees who rendered services to assessee were related to the director of assessee would not lead to a conclusion that the necessity of such services were not required by assessee. In any ca..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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