{"id":15923,"date":"2021-03-24T12:22:49","date_gmt":"2021-03-24T06:52:49","guid":{"rendered":"https:\/\/itatonline.org\/digest\/schindler-india-p-ltd-v-acit-2020-182-itd-84-mum-trib\/"},"modified":"2021-03-24T12:22:49","modified_gmt":"2021-03-24T06:52:49","slug":"schindler-india-p-ltd-v-acit-2020-182-itd-84-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/schindler-india-p-ltd-v-acit-2020-182-itd-84-mum-trib\/","title":{"rendered":"Schindler India (P.) Ltd. v. ACIT (2020) 182 ITD 84 (Mum.)(Trib.)"},"content":{"rendered":"<p>Assessee applied turnover filter with minimum turnover of Rs. 1 crores . TPO accepted same and, accordingly, rejected a comparable company selected by assessee on two grounds; firstly, company was having turnover less than Rs. 1 crore; and secondly, company was not functionally comparable. Tribunal held that\u00a0 a perusal of directors report of said comparable which was part of annual report prima-facie revealed that turnover of said company was more than Rs. 2 crores\u00a0 hence\u00a0 said company was to be accepted as valid comparable. (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Turnover filter-To be accepted as valid comparable. <\/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-15923","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-48P","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15923","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=15923"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15923\/revisions"}],"predecessor-version":[{"id":15924,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15923\/revisions\/15924"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}