{"id":17469,"date":"2021-05-01T14:50:25","date_gmt":"2021-05-01T09:20:25","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-eds-electronics-data-systems-india-pvt-ltd-2021-431-itr-307-karnhc\/"},"modified":"2021-07-18T10:42:35","modified_gmt":"2021-07-18T05:12:35","slug":"pcit-v-eds-electronics-data-systems-india-pvt-ltd-2021-431-itr-307-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-eds-electronics-data-systems-india-pvt-ltd-2021-431-itr-307-karnhc\/","title":{"rendered":"PCIT v. EDS Electronics Data Systems India Pvt. Ltd. (2021) 431 ITR 307 \/ 199 DTR 212(Karn)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue\u00a0 the Court held that the Commissioner (Appeals) had recorded a finding that since the assessee had earned profit in the technical service segment in contracts other than with SKF the Transfer Pricing Officer should not have loaded the mark-up on the costs and expenses incurred in meeting the obligations under contracts other than with SKF on which the assessee had earned a profit of 36 per cent. on operating cost. The finding of fact had been affirmed in appeal by the Tribunal. The findings had been arrived at by the Commissioner (Appeals) and the Tribunal on the basis of meticulous appreciation of evidence on record. No question of law arose from the order.( AY. 2004-05)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing \u2013 Arm\u2019s length price \u2013Technical services &#8211; Finding of fact [ S.92(1), 92B(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-17469","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4xL","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17469","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=17469"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17469\/revisions"}],"predecessor-version":[{"id":20265,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17469\/revisions\/20265"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}