{"id":18578,"date":"2021-05-25T11:31:46","date_gmt":"2021-05-25T06:01:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/motherson-sumi-infotech-and-designs-ltd-v-dy-cit-2021-85-itr-360-delhitrib\/"},"modified":"2021-05-25T11:31:46","modified_gmt":"2021-05-25T06:01:46","slug":"motherson-sumi-infotech-and-designs-ltd-v-dy-cit-2021-85-itr-360-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/motherson-sumi-infotech-and-designs-ltd-v-dy-cit-2021-85-itr-360-delhitrib\/","title":{"rendered":"Motherson Sumi Infotech and Designs Ltd. v. Dy.CIT (2021) 85 ITR 360 (Delhi)(Trib.)"},"content":{"rendered":"<p>Tribunal held that\u00a0 Companies having huge brand value and engaging in sale of\u00a0 software products, developing mobile enterprise applications and solutions not functionally comparable to be excluded from list of comparables. As regards interest there was similar delay in receipt of receivables from others and the assessee was not charging any interest for delay in receipt of receivables against services rendered to unrelated third parties. Hence, there was no warrant for any adjustment on account of interest due on receivables from its associated enterprise. (AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Selection of comparables-Software Development Service-Companies having huge brand value and engaging in sale of  software products, developing mobile enterprise applications and solutions not functionally comparable to be excluded from list of  comparables-Interest due on receivable outstanding-Not charging others-Addition cannot  be made.  [S. 92CA]<\/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-18578","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4PE","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18578","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=18578"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18578\/revisions"}],"predecessor-version":[{"id":18579,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18578\/revisions\/18579"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}