{"id":25241,"date":"2022-02-26T19:08:46","date_gmt":"2022-02-26T13:38:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=25241"},"modified":"2022-02-27T14:02:07","modified_gmt":"2022-02-27T08:32:07","slug":"40a2-disallowence-when-both-taxed-at-mmr","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/40a2-disallowence-when-both-taxed-at-mmr\/","title":{"rendered":"40A(2) disallowence when both taxed at MMR"},"content":{"rendered":"<p>Can there be any addition under section 40A(2) due to low GP of buyer (sister concern ) on account of enhanced \/higer per unit purchase from seller( sister concern) ? Can it be argued that when both Firms ( seller and buyer) are paying maximum marginal rate of tax and there is no evasion of tax the addition cannot be made?. Please give any judicial ruling on this.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[515],"qa_category":[23],"qa_tag":[517,516,513],"class_list":["post-25241","qa","type-qa","status-publish","hentry","qa_expert-dr-k-shivaram-senior-advocate","qa_category-income-tax","qa_tag-evasion-of-tax","qa_tag-payment-to-sister-concern","qa_tag-section-40a2"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/25241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=25241"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25241"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=25241"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=25241"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=25241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}