{"id":11479,"date":"2020-05-18T01:32:40","date_gmt":"2020-05-18T01:32:40","guid":{"rendered":"http:\/\/itatonline.org\/digest\/federal-express-corporation-v-dy-cit-it-2020-186-dtr-209-203-ttj-984-mum-trib\/"},"modified":"2020-05-18T01:32:40","modified_gmt":"2020-05-18T01:32:40","slug":"federal-express-corporation-v-dy-cit-it-2020-186-dtr-209-203-ttj-984-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/federal-express-corporation-v-dy-cit-it-2020-186-dtr-209-203-ttj-984-mum-trib\/","title":{"rendered":"Federal Express Corporation v. Dy.CIT (IT) (2020) 186 DTR 209\/ 203 TTJ 984 (Mum.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that since the AO has adopted the adjusted commercial linehaul charges to total linehaul charges\u00a0 ratio of 7.5% in respect of user of\u00a0 third party aircrafts for transportation\u00a0 of shipments by the assessee, a US company as a result of MAP proceedings\u00a0 in earlier years, it is appropriate to adopt the same ratio for computing for relevant assessment\u00a0 years taxable income. (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Apportionment of income-MAP proceedings\u2013 Appropriate to adopt 7.5 % as adjusted  commercial linehaul charges  (CLC) \/ total linehaul charges  (TLC)  ratio for computing taxable income-DTAA-India-USA. [Art. 8]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11479","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2Z9","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=11479"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11479\/revisions"}],"predecessor-version":[{"id":11480,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11479\/revisions\/11480"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=11479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=11479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=11479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}