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Case Law Details

Case Name : CIT V. Keihin Fie (P.) Ltd. (Bombay High Court)
Appeal Number : Income Tax Appeal No. 1176 of 015
Date of Judgement/Order : 21/03/2018
Related Assessment Year : 2005-06, 2006-07, 2007-08
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CIT V. Keihin Fie (P.) Ltd. (Bombay High Court)

Hon’ble Bombay High Court held that Margins derived on export of parts to AE can not compared with margins derived from sales made in domestic market.

Outcome: In favor of Assessee

Issue:

Whether on the facts and in the circumstance of the case and in law, the Tribunal was correct in law in holding that the two segments viz: manufacturing and trading are co

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