Case Law Details
Case Name : Karcher Cleaning Systems Pvt Ltd. Vs ACIT (ITAT Delhi)
Related Assessment Year : 2012-13
Courts :
All ITAT ITAT Delhi
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Karcher Cleaning Systems Pvt Ltd. Vs ACIT (ITAT Delhi)
The assessee is a pure trading company involved in the distribution activity without adding any value to the purchased product and hence the RPM is the most appropriate method.
Facts-
The assessee is a subsidiary of Karcher Beteilgungs GmbH which started its commercial activities on 16.04.2011 and is primarily engaged in the business of importing and resale of industrial cleaning systems in India.
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