{"id":16932,"date":"2021-04-16T14:05:23","date_gmt":"2021-04-16T08:35:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mahindra-heavy-engines-ltd-v-acit-2020-185-itd-291-mum-trib\/"},"modified":"2021-04-16T14:05:23","modified_gmt":"2021-04-16T08:35:23","slug":"mahindra-heavy-engines-ltd-v-acit-2020-185-itd-291-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mahindra-heavy-engines-ltd-v-acit-2020-185-itd-291-mum-trib\/","title":{"rendered":"Mahindra Heavy Engines Ltd. v. ACIT (2020) 185 ITD 291 (Mum.) (Trib.)"},"content":{"rendered":"<p>Assessee-company entered into intellectual property agreement with its foreign AE for right to use intellectual property and know-how as regards truck engine.\u00a0 It paid certain amount towards royalty to said AE and adopted Comparable Uncontrolled Price (CUP) method for benchmarking arm&#8217;s length price (ALP) of said royalty.\u00a0 Assessee submitted that, as per search conducted in Royalty Stat Database, royalty paid by assessee was at ALP in view of royalty paid by comparables. The TPO rejected same doubting its authenticity and determined its ALP at Nil.\u00a0 Tribunal remanded to TPO for afresh adjudication. (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Royalty-Bench mark analysis-Matter remanded. <\/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-16932","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4p6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16932","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=16932"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16932\/revisions"}],"predecessor-version":[{"id":16933,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16932\/revisions\/16933"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}