{"id":13619,"date":"2020-11-02T13:36:46","date_gmt":"2020-11-02T13:36:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vitech-systems-asia-pvt-ltd-v-ito-2020-81-itr-58-sn-hyd-trib\/"},"modified":"2020-11-02T13:36:46","modified_gmt":"2020-11-02T13:36:46","slug":"vitech-systems-asia-pvt-ltd-v-ito-2020-81-itr-58-sn-hyd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/vitech-systems-asia-pvt-ltd-v-ito-2020-81-itr-58-sn-hyd-trib\/","title":{"rendered":"Vitech Systems Asia Pvt. Ltd. v. ITO (2020) 81 ITR 58 (SN) (Hyd) (Trib)"},"content":{"rendered":"<p>Tribunal held that the foreign exchange loss on account of exchange rate fluctuations arose in the normal course of business transaction. Therefore, while computing the margin for determining the arm\u2019s length price, the foreign exchange loss had to be taken as part of the operating margin.( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.92C: Transfer pricing -Arm\u2019s length price \u2014 Exchange rate fluctuations \u2014Taken part of  operating margin [ S.92CA ]<\/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":[21],"tags":[],"class_list":["post-13619","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3xF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13619","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=13619"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13619\/revisions"}],"predecessor-version":[{"id":13620,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13619\/revisions\/13620"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}