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exchange purchased for the purpose, there is also credit risk and forex risk associated. Moreover, in each such transaction, the arm's length price

fact that the Assessee has fixed price contract with its associate enterprise and forex fluctuation has no effect on such fixed price

Forex Ltd. & vs Reserve Bank Of India on 17 February, 2016 Author: N.V.Anjaria Bench: N.V.Anjaria C/SCA/8961/2004 ORDER ... FOREX LTD. & 1....Petitioner(s) Versus RESERVE BANK OF INDIA....Respondent(s) ================================================================ Appearance: NANAVATI ASSOCIATES, ADVOCATE for the Petitioner

Forex Limited vs State Of Gujarat & on 29 April, 2016 Author: R.M.Chhaya Bench: R.M.Chhaya R/SCR.A/1667/2009 ORDER ... FOREX LIMITED....Applicant(s) Versus STATE OF GUJARAT  &  1....Respondent(s) ========================================================== Appearance: NANAVATI ASSOCIATES, ADVOCATE for the Applicant(s) No. 1 MR RC KODEKAR

whether it was only an attempt to reduce the profit of 'Associate Company' which has paid alleged referral fee. E. The assessee ... examine such hidden losses arising from forex derivatives or from open, unsettled & outstanding positions of goods & forex. The A.O. failed to carry

Forex Limited vs State Of Gujarat & on 9 June, 2016 Author: R.M.Chhaya Bench: R.M.Chhaya R/SCR.A/1667/2009 ... FOREX LIMITED....Applicant(s) Versus STATE OF GUJARAT & 1....Respondent(s) ========================================================== Appearance: MR KS NANAVATI, SENIOR ADVOCATE WITH MR. PK NANAVATI, NANAVATI ASSOCIATES, ADVOCATE

petitioner that the respondents had sub­let the tenanted premises to Lado Forex Pvt. Ltd which business is being carried on from the said premises ... That the petitioner had also got the premises inspected from Architect Sharma Associates who submitted their report confirming the averment of the petitioner. Further, even

Mckinsey Knowledge Centre Pvt. Ltd.,, ... vs Dcit, New Delhi on 15 December, 2016 IN THE

Ameriprise India Pvt. Ltd., Gurgaon vs Assessee on 19 January, 2016 IN THE INCOME TAX

B J Services Co. Middle East Ltd. , ... vs Adit(Intl. Taxation), Dehradun on 9 December