{"id":18681,"date":"2021-05-26T12:08:28","date_gmt":"2021-05-26T06:38:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/gxs-india-technology-centre-pvt-ltd-v-ito-2021-85-itr-24-snbang-trib\/"},"modified":"2021-05-26T12:08:28","modified_gmt":"2021-05-26T06:38:28","slug":"gxs-india-technology-centre-pvt-ltd-v-ito-2021-85-itr-24-snbang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/gxs-india-technology-centre-pvt-ltd-v-ito-2021-85-itr-24-snbang-trib\/","title":{"rendered":"Gxs India Technology Centre Pvt. Ltd. v. ITO (2021) 85 ITR 24 (SN)(Bang) (Trib)"},"content":{"rendered":"<p>Tribunal held that the\u00a0\u00a0 Companies having different functional profile and\u00a0 Companies for which segmental details not available are to be excluded.\u00a0 Profit margin at entity level could not be taken . Working capital adjustment to be given effect . Communication charges should be excluded both from export turnover and total turnover\u00a0 for the purpose of S.10A of the Act . \u00a0\u00a0( AY.2007-08, 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing \u2013 Arm\u2019s length price &#8211; Net Margin Method \u2014Companies having different functional profile \u2014 Companies for which segmental details not available are to be excluded &#8211; Profit margin at entity level could not be taken -Working capital adjustment to be given effect -Communication charges should be excluded both from export turnover and total turnover [ S.10A   ] <\/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-18681","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Rj","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18681","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=18681"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18681\/revisions"}],"predecessor-version":[{"id":18682,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18681\/revisions\/18682"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}