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TPA - CIT(A) has examined the agency agreement and held that ...


CIT(A) Rules Adjustments Permissible for Differences Between 'Principal to Principal' Trader and 'Commission Agent' Roles.

June 23, 2015

Case Laws     Income Tax     AT

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

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