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![Stock Record Discrepancies: ITAT restricts Profit Estimation to 5% of Purchase Transactions of Petroleum Firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Stock-Record-Stock-Record-Discrepancies-ITAT-ITAT-restricts-Profit-Estimation-Purchase-Transactions-Petroleum-Petroleum-Firm-taxscan.jpg "Stock Record Discrepancies: ITAT restricts Profit Estimation to 5% of Purchase Transactions of Petroleum Firm [Read Order]")
Stock Record Discrepancies: ITAT restricts Profit Estimation to 5% of Purchase Transactions of Petroleum Firm [Read Order]
In a recent judgment by the ITAT Panaji, the Tribunal restricted the profit estimation to 5% of the purchase transactions for a petroleum firm facing...
![Foreign Exchange fluctuation should be treated as operating profit/loss while computing the profit margin: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Foreign-exchange-fluctuation-operating-profit-profit-margin-ITAT-Taxscan.jpg "Foreign Exchange fluctuation should be treated as operating profit/loss while computing the profit margin: ITAT [Read Order]")