Just a moment...

⚠✕
Report
FeedbackReport
Welcome to TaxTMI ✕

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error ✕
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /
PreviousNext

Court Upholds Fair Pricing in Related Party Transactions; No Extra Disallowance u/s 40A(2) for Electricity Purchase.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Excessive Expenses - transaction with related parties - disallowance u/s 40A(2) - the rate at which, the assessee purchased electricity from M/s OPG Energy Pvt. Ltd., was lower than the tariff fixed by the Tamil Nadu Electricity Board. - no addition - HC....

PreviousNext