Court held that the\u00a0 Tribunal itself enjoys the power of a civil court to summon the relevant evidence and material before itself. The determination of arm\u2019s length price is not a question of law to be considered by the High Court.\u00a0 Court also held that on the question of allowing commission paid to the Central Agency as \u201cbusiness expenditure\u201d, the Tribunal had to look into the past history of the assessee about the allowability of the expenditure and such expenditure for the previous years had been consistently allowed by the Revenue authority below, and there was no contrary finding by the Tribunal for the previous years. The Tribunal had to decide the issue again fairly and objectively in the light of the materials available before it for the present assessment year 2009-10 also.( AY.2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 92C : Transfer pricing \u2013 Arm\u2019s length price \u2013Comparable uncontrolled price method or the transactional net margin method- Question of fact- Commission \u2013 Finding of fact . [ S.37(1) , 254(1) 260A ]<\/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-14709","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Pf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14709","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=14709"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14709\/revisions"}],"predecessor-version":[{"id":22270,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14709\/revisions\/22270"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}