{"id":12308,"date":"2020-09-21T06:27:47","date_gmt":"2020-09-21T06:27:47","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-valvoline-cummins-pvt-ltd-2020-424-itr-162-delhihc\/"},"modified":"2020-09-21T06:27:47","modified_gmt":"2020-09-21T06:27:47","slug":"pcit-v-valvoline-cummins-pvt-ltd-2020-424-itr-162-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-valvoline-cummins-pvt-ltd-2020-424-itr-162-delhihc\/","title":{"rendered":"PCIT v. Valvoline Cummins Pvt. Ltd. (2020) 424 ITR 162 (Delhi)(HC)"},"content":{"rendered":"<p>Court held that the\u00a0 Tribunal was not justified in remanding the matter to the Assessing Officer\/Transfer Pricing Officer for determining the arm\u2019s length price of the advertising, marketing and publicity expenses when the Department had failed to prove that there had existed an international transaction between the assessee and its associated enterprise.(AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.92C:Transfer pricing- Arm\u2019s length price \u2014Appellate Tribunal- Advertising, marketing and publicity expenses \u2014Remand by the Tribunal for determination of arm\u2019s length price is held to be not warranted. [ S.254(1) ]<\/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-12308","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3cw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12308","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=12308"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12308\/revisions"}],"predecessor-version":[{"id":12309,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12308\/revisions\/12309"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}