{"id":11527,"date":"2020-05-18T01:49:07","date_gmt":"2020-05-18T01:49:07","guid":{"rendered":"http:\/\/itatonline.org\/digest\/eaton-industrial-systems-pvt-ltd-v-dy-cit-2020-185-dtr-41-203-ttj-1-pune-trib\/"},"modified":"2020-05-18T01:49:07","modified_gmt":"2020-05-18T01:49:07","slug":"eaton-industrial-systems-pvt-ltd-v-dy-cit-2020-185-dtr-41-203-ttj-1-pune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/eaton-industrial-systems-pvt-ltd-v-dy-cit-2020-185-dtr-41-203-ttj-1-pune-trib\/","title":{"rendered":"Eaton Industrial Systems Pvt. Ltd. v. Dy.CIT (2020) 185 DTR 41 \/ 203 TTJ 1 (Pune) (Trib.)"},"content":{"rendered":"<p>Tribunal held that no transfer pricing adjustment can be made on transactions with the non-AEs is supported by the judgment of the Hon&#8217;ble Delhi High Court in\u00a0<em>CIT v. Keihin Panalfa Ltd. (2016) 381 ITR 407 (Del),<\/em>\u00a0in which it has been held that the transfer pricing adjustment can be made only with reference to the international transactions and not the transactions with the non-associated enterprises. Similar view has been espoused by the Hon&#8217;ble Bombay High Court in\u00a0<em>CIT<\/em>\u00a0vs.\u00a0<em>Thyssen Krupp Industries India Private Ltd. (2016) 381 ITR<\/em><em> 413 <\/em><em>\u00a0(Bom.)(HC)<\/em> Matter remanded to the file of the TPO\/AO.(AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing\u2013Arm\u2019s length price\u2013No transfer pricing adjustment can be made on transactions with the non-AEs\u2013 Matter remanded.<\/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-11527","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2ZV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11527","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=11527"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11527\/revisions"}],"predecessor-version":[{"id":11528,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11527\/revisions\/11528"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=11527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=11527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=11527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}