https://www.taxtmi.com/caselaws?id=266612 The Tribunal partly allowed the appeal filed by the assessee, addressing issues related to profit attribution, gross profit estimation, management fees, disallowance under section 40(a)(ia), and consideration of additional evidence. The decision favored the appellant on certain grounds, based on a detailed analysis of facts, previous rulings, and legal provisions. The Tribunal found the 20% profit attribution on direct sales by the head office excessive, accepted the declared gross profit margin, and upheld the management fees treatment, while dismissing the addition under section 40(a)(ia) and the consideration of additional evidence under Rule 46A. en-us Fri, 14 Aug 2015 00:00:00 +0530 Thu, 22 Oct 2015 15:05:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266612 The Tribunal partly allowed the appeal filed by the assessee, addressing issues related to profit attribution, gross profit estimation, management fees, disallowance under section 40(a)(ia), and consideration of additional evidence. The decision favored the appellant on certain grounds, based on a detailed analysis of facts, previous rulings, and legal provisions. The Tribunal found the 20% profit attribution on direct sales by the head office excessive, accepted the declared gross profit margin, and upheld the management fees treatment, while dismissing the addition under section 40(a)(ia) and the consideration of additional evidence under Rule 46A. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266612