{"id":17282,"date":"2021-04-25T20:47:11","date_gmt":"2021-04-25T15:17:11","guid":{"rendered":"https:\/\/itatonline.org\/digest\/michelin-india-p-ltd-v-jcit-2021186-itd-62-delhi-trib\/"},"modified":"2021-04-25T20:47:11","modified_gmt":"2021-04-25T15:17:11","slug":"michelin-india-p-ltd-v-jcit-2021186-itd-62-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/michelin-india-p-ltd-v-jcit-2021186-itd-62-delhi-trib\/","title":{"rendered":"Michelin India (P) Ltd v. JCIT (2021)186 ITD 62 (Delhi) (Trib)"},"content":{"rendered":"<p>In this case the Appellate Tribunal held that increase in profitability of assessee during relevant period proved that availment of support services from AE had benefitted its business.\u00a0 Thus, TPO is not justified in determining ALP of management fee paid by assessee to its AE at nil. (AY.2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing \u2013  Arms\u2019 length price &#8211; Availment of support services from AE had benefitted business of assessee \u2013 Thus, ALP of management fee paid to AE could not be determined at nil. <\/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-17282","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4uK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17282","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=17282"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17282\/revisions"}],"predecessor-version":[{"id":17283,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17282\/revisions\/17283"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}