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Ngk trading company private limited Find out details about Ngk Trading Company Import Export Data report along with address, HS codes, products and ports of import export business and.CEO at NGK Trading Co. NGK Trading CoUniversity of Pune. CEO, Rural Mgmt Consultants Pvt Ltd Foods & Agri Headhunter; Director,Ngk Retail Private Limited's Corporate Identification Number is CIN. all other wholesalers who trade on behalf and on the account of others.On the increasing strength of trade, science, and technology. IG International Private Limited, and N. G. K Trading Company Private Limited. is Japan's largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu.As of 2019, Mitsubishi Corporation employs over 79,000 people and has seven business segments, including finance, banking, energy, machinery, chemicals, and food.The company traces its roots to the Mitsubishi conglomerate founded by Yataro Iwasaki.Iwasaki was originally employed by the Tosa clan of modern-day Kōchi Prefecture, who posted him to Nagasaki in the 1860s.

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Tuned into markets. G. Khosla, NGK Trading Company, India. and EVERY APPLEOUR BEST APPLE are trade marks of Mr Apple New Zealand Limited.A. R. E. ENTERPRISES PRIVATE LIMITED, AR6, AR6, AAMCA3861G. 1474, 1469, NGK TRADING COMPANY PVT LTD, NG1, NG1.Mitsubishi Corporation is Japan's largest trading company sogo shosha and a member of the Mitsubishi keiretsu. As of 2019, Mitsubishi Corporation employs. Insider forex trading secrets. Our efficient supply chain has enabled us to have a large presence across the country. NGK Trading Company has key hubs in Kolkata, Delhi, Mumbai, Hyderabad, Bangalore and we distribute to all major cities in India, which includes – Ahmedabad, Pune, Coimbatore, Patna, Kanpur, etc. We are Top Fruit Traders.Ngk Trading Company Private Limited is a Private incorporated on 27 March 2008. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs. 8,500,000 and its paid up capital is Rs. 7,110,000. It is inolved in Wholesale on a fee or contract basis.Ngk Trading Company Private Limited registered address on file is A-340, NEW SABZI MANDI AZAD PUR DELHI DL 110033 IN, Delhi - 110033, Delhi. Ngk Trading Company Private Limited currently have 2 Active Directors / Partners Naresh Khosla, Gagan Kumar Khosla, and there are no other Active Directors / Partners in the company except these 2 officials. Ngk Trading Company Private Limited is involved in Trading Activity and currently company is in Active Status.

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NGK TRADING COMPANY PRIVATE LIMITED is a Private Company limited by Shares. It is registered with Registrar of Companies, Delhi on Mar 27, 2008. Current Status of Ngk Trading Company Private Limited is Active.Ngk Trading Company Private Limited is an unlisted private company. It was incorporated on 27 March, 2008 and is located in Delhi, Delhi. It is classified as a private limited company has two directors - Gagan Kumar Khosla and Monica Khosla. The registered office of the company is at A-340, NEW SABZI MANDI, AZAD PUR, DELHI, Delhi.Ngk Trading Company Private Limited imports from Copefrut S.a. in Chile through the port of Philadelphia, Pennsylvania Call +1-855-374-1199 Import Genius bill of lading data reveals the trading activities of Ngk Trading Company Private Limited and millions of other importers. Tanmiya trading fzco. Mitsubishi was the only major zaibatsu to initially refuse this request, at the orders of president Koyata Iwasaki, who shortly thereafter fell seriously ill.Mitsubishi eventually dissolved in 1947, and under restrictive rules imposed by the occupation authorities, the employees of the Mitsubishi Shoji trading arm rebanded into 100 separate companies.Beginning in 1950, the restrictions on re-consolidation of the zaibatsu were eased, and by 1952 most of the former Mitsubishi Shoji had coalesced into three companies.The current Mitsubishi Corporation was founded by the merger of these three companies to form Mitsubishi Shoji in 1954; Mitsubishi listed on the Tokyo Stock Exchange and Osaka Stock Exchange in the same year.

Ngk trading company private limited

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Ngk trading company private limited Ngk Trading Company Private Limited is a Private incorporated on 27 March 2008. It is classified as Non-govt company and is registered at Registrar of.NGK Spark Plug Shanghai Trading Co. Ltd./. NGK Spark Plug Australia Pty. Ltd. Changshu NGK Spark Plug Co. Ltd. NGK Spark Plugs India Pvt. Ltd.Provides company information on various topics, including an overview of NGK's businesses, its Corporate Philosophy, and business locations. Albion trade ltd. Along with Mitsubishi Bank, Mitsubishi Corporation played a central role in international trading for other constituents of the former Mitsubishi zaibatsu during the postwar era, such as Mitsubishi Heavy Industries and the Mitsubishi Motor Company, forming a major keiretsu business group centered around the Second Friday Conference (Kinyo-kai) of company managers.Mitsubishi was the largest Japanese general trading company from the late 1960s until the mid 1980s; after falling to fifth place in 1986, it embarked on a series of large overseas acquisitions together with other companies in the Mitsubishi group.By 2015 Mitsubishi was again the top-ranked general trading company by net earnings.

However, Mitsubishi saw its first postwar net loss in the fiscal year ended March 2016, amid a slowdown in the Chinese economy and a slump in the commodity markets, causing Mitsubishi to lose its #1 position to Itochu.In March 1998 the Mitsubishi Corporation received the quarterly Greenwash Award.It was awarded to Mitsubishi Corporation for successful efforts at portraying its business operations as environmentally friendly. Affordable quality trading l.l.c dubai. It was argued that through the use of public relations the corporation demonstrated to the world that their subsidiaries facility off the coast of Mexico was environmentally benign.The facility is a salt evaporation factory and is in a lagoon that also holds a grey whale calving ground.IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES : C : NEW DELHI BEFORE SHRI R. The assessee purchased a property at Navi Mumbai, bearing Flat No.1502, 15th Floor, Cupola Building, B-Wing, Bhumiraj at Plot No.1 and 2, Sector 18, Sanpada, New Mumbai at a price of Rs.34,65,000/- on 18.1.2007.

Ngk trading company private limited

The assessee is also a proprietor of M/s Fresh Produce Shoppe and running a departmental store for fresh fruits. SIDHU, JM ITA No.208/Del/2012 Assessment Year : 2008-09 DCIT, Vs. No.301-G, A-340, New Subzi Mandi, Vikas Bhawan, IP Estate, Azadpur, New Delhi. PAN: AASPK2110P (Appellant) (Respondent) Assessee By : Shri C. Briefly stated, the facts of the case are that the assessee is a sole proprietor of M/s NGK Trading Company which is engaged in the business of purchase and sale of fresh fruits. Advocate & Shri Ravi Pratap Mall, Advocate Department By : Shri T. DR Date of Hearing : Date of Pronouncement : 31 .07.2015 ORDER PER R. SYAL, AM: This appeal by the Revenue is directed against the order passed by the CIT(A) on in relation to the assessment years 2008-09. Ground nos.1 and 2 of this appeal are interconnected and, hence, these are being taken up together for consideration and decision. The AO referred the matter of valuation of this property to the DVO, who determined its value at Rs.40,50,000/-.It was also intimated that the assessee had made additions/alterations by way of furniture and fixtures amounting to Rs.3,81,999/-.On being called upon to explain as to why difference of Rs.5,85,000/- (Rs.40,50,000/- minus Rs.

34,65,000/-) should not be added as unexplained investment u/s 69 and, further, why a sum of Rs.3,81,999/- be not added as unexplained expenditure u/s 69C for additions/alterations to the said property, the assessee submitted that besides the above sale consideration of Rs.34.65 ITA No.208/Del/2012 lac, the assessee also paid Rs.1,76,300/- towards stamp duty, Rs.30,880/- towards registration fees and Rs.1,50,000/- towards cost of parking space.As regards the sum of Rs.3,81,999/-, the assessee submitted that renovation was carried out in the succeeding financial year 2008-09 and the investment/expenditure of Rs.3,81,999/- was disclosed in the balance sheet of M/s NGK Trading Company. We have heard the rival submissions and perused the relevant material on record.Not convinced with the assessee's submissions, the AO made addition of Rs.9,39,999/- (Rs.5,85,000/- plus Rs.3,81,999/-). CIT(A) ordered for the deletion of these additions. It can be observed that the entire addition made by the AO rests on the valuation report of the DVO, who estimated the value of property at Rs.40.50 lac against the purchase price at Rs.34,65,000/-. ترتيب المدن التجارية بإيطاليا. The provisions of section 69, invoked by the AO provides that: `Where in the financial year immediately preceding the assessment year the assessee has made investments which are not ITA No.208/Del/2012 recorded in the books of account, if any, maintained by him for any source of income, and the assessee offers no explanation about the nature and source of the investments or the explanation offered by him is not, in the opinion of the Assessing Officer, satisfactory, the value of the investments may be deemed to be the income of the assessee of such financial year.' It can be observed from this provision that an addition towards unexplained investment can be made only where 'the assessee has made investments' , which are not recorded in the books of account.The factum of the assessee making investments outside the books of account is required to be positively proved by the Revenue with some cogent evidence.A mere DVO's report, which is nothing more than an estimate of the value of the property, cannot be a substitute for an evidence directly indicating unexplained investment.

Gagan Khosla, New Delhi vs Department Of Income Tax on 31.

Ngk trading company private limited

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A fair market value determined by the DVO need not necessarily match with the actual price paid inasmuch as there can be several reasons for the sale of a property at a higher or lower price than its fair market value.Unless the AO brings on record some authentic material divulging the assessee having made investment over and above that declared in the registered ITA No.208/Del/2012 sale deed, there can be no question of invoking the provisions of section 69 of the Act.Here is a case in which the assessee claimed to have purchased the property for a sum of Rs.34.65 lac and the AO has made addition of Rs.5.85 lac simply on the basis of difference between the DVO's report and apparent sale consideration. Gulf talent forex trader. No attempt has been made for verifying the price from the seller of the property.In other words, there is no positive material evidencing the making of actual investment by the assessee over and above Rs.34.65 lac.Under such circumstances, there can be no point in making any addition towards unexplained investment.

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Here it is relevant to mention that the legislature has carried out amendment by the Finance Act, 2013 w.e.f.1.4.2014 by substituting section 56(2)(vii)(b) providing that where an individual or HUF receives any immovable property, inter alia, for a consideration which is less than the stamp duty value of the property by an amount exceeding Rs.50,000/-, the stamp duty value of such property as exceeded such consideration shall be taxed as 'Income from other sources.' The legislature has brought in section 56(2)(vii)(b) with the sole intention of bringing such under-payment of sale consideration of ITA No.208/Del/2012 immovable property to tax. the AY 2014-15 and is not applicable retrospectively to the AY 2008-09 under consideration.Since this provision is prospective and there is no other authentic evidence of the assessee having actually made any investment over and above the declared sale consideration, we are of the considered opinion that the ld. 3 is against the deletion of addition of Rs.16,25,945/- made by the AO on account of the interest on loans. Rsi trading. CIT(A) was justified in deleting the addition to the extent of Rs.5,85,000/-. As regards the other amount of Rs.3,81,999/-, we find that the assessee made a categorical claim before the authorities that this amount was spent on furniture and fixtures during renovation of building which was recorded in the books of account for the AY 2008-09. During the course of assessment proceedings, the AO observed that the assessee had taken secured and unsecured loans to the tune of Rs.1,70,25,179/- on which interest of Rs.16,25,945/- was paid.This fact has not been denied by the authorities that the assessee, in fact, recorded this amount of Rs.3,81,999/- in his books of account of M/s NGK Trading Company. It was also noticed that the assessee advanced loans to the extent of Rs.35 lac to Exotic Fresh Produce Pvt.Once this amount has been duly recorded in the books of account of a subsequent year and there is no material to indicate that such furniture and fixture was purchased in the year in question, we ITA No.208/Del/2012 countenance the action of the ld. Ltd., and Rs.22,40,000/- to Narco Exports on which nominal interest was charged, which was without any business expediency.

Ngk trading company private limited

 

 

 

 

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