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![Karnataka HC upholds ITAT ruling Classifying Toyota Tsusho India Pvt ltd as Not a Wholesale Trader [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085642-karnataka-high-court-karnataka-hc-upholds-itat-ruling-toyota-tsusho-india-pvt-ltd-taxscan.webp "Karnataka HC upholds ITAT ruling Classifying Toyota Tsusho India Pvt ltd as Not a Wholesale Trader [Read Order]")
Karnataka HC upholds ITAT ruling Classifying Toyota Tsusho India Pvt ltd as Not a Wholesale Trader [Read Order]
The Karnataka High Court upheld the Income Tax Appellate Tribunal (ITAT) ruling, classifying Toyota Tsusho India Pvt Ltd as not a wholesale trader....
![CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/CBDT-tolerance-limit-wholesale-traders-transfer-pricing-Taxscan.jpg "CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]")
![Tolerance band for FY 2019-20 Notified: 1% for Wholesale Traders and 3% for Others [Read Notification]](https://www.taxscan.in/wp-content/uploads/2019/09/Tolerance-band-CBDT-Taxscan.jpg "Tolerance band for FY 2019-20 Notified: 1% for Wholesale Traders and 3% for Others [Read Notification]")