{"id":15921,"date":"2021-03-24T12:22:28","date_gmt":"2021-03-24T06:52:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/nagarro-software-p-ltd-v-ito-2020-182-itd-128-delhi-trib\/"},"modified":"2021-03-24T12:22:28","modified_gmt":"2021-03-24T06:52:28","slug":"nagarro-software-p-ltd-v-ito-2020-182-itd-128-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nagarro-software-p-ltd-v-ito-2020-182-itd-128-delhi-trib\/","title":{"rendered":"Nagarro Software (P.) Ltd. v. ITO (2020) 182 ITD 128 (Delhi) (Trib.)"},"content":{"rendered":"<p><strong>\u00a0 <\/strong><\/p>\n<p>Tribunal held that the business of customised software development on contractual basis cannot be compared with\u00a0 the company which rendered job placement portal and BPO services. Tribunal also held that advertisements, sponsorship fees and other expenses, said company was to be excluded from final set of comparables for dissimilarity in functions and for want of segmental account. Where the company having turnover was around 758 times than that of assessee, could not be taken in final set of comparables to assessee. Company profit of which is very volatile cannot be selected as a comparable. Revenue from sale of licence was directed to be excluded. Company which is in the business of sale of software services and products to be excluded.\u00a0\u00a0 (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Comparble-Customised software development on contractual basis  Job placement portal and BPO services-Dissimilarity in functions and for want of segmental accounts-Sponsorship fees and other expenses, said company was to be excluded from final set of comparables-Turnover more than 750 time cannot be considered as comparable-Profit margin-Sale of licence-Sale of software and products.<\/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-15921","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-48N","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15921","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=15921"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15921\/revisions"}],"predecessor-version":[{"id":15922,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15921\/revisions\/15922"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}