2013 (4) TMI 191

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....f the Income Tax Act, 1961 (for short '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....

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....e of 33.6% as compared to 30.6% paid by the 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 ....