{"id":1953,"date":"2018-08-07T10:06:57","date_gmt":"2018-08-07T10:06:57","guid":{"rendered":"http:\/\/itatonline.org\/digest\/bartronics-india-ltd-v-dcit-2018-65-itr-540-hyd-trib-2\/"},"modified":"2018-10-28T06:43:37","modified_gmt":"2018-10-28T06:43:37","slug":"bartronics-india-ltd-v-dcit-2018-65-itr-540-hyd-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bartronics-india-ltd-v-dcit-2018-65-itr-540-hyd-trib-2\/","title":{"rendered":"Bartronics India Ltd.  v. DCIT (2018) 65 ITR  540\/ 195 TTJ 314  (Hyd) (Trib)"},"content":{"rendered":"<p>Allowing the appeal of the assessee, the Tribunal held that investment in share capital of subsidiaries outside India.\u00a0 Advancing towards investment and\u00a0 for expansion of business out of interest free funds\u00a0interest cannot be\u00a0 charged . Transaction is not in nature of international transaction hence transfer pricing provisions is not applicable . Accordingly adjustment is not required . ( AY.2008-09 to 2011-12 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.92B: Transfer pricing- International transactions \u2014 Investment in share capital of subsidiaries outside India \u2014 Advancing towards investment and  for expansion of business out of interest free funds \u2014 No interest can be charged \u2014 Not in nature of international transaction-Transfer pricing provisions is not applicable \u2014 Adjustment is not required .[ S.92C ]<\/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":[1],"tags":[],"class_list":["post-1953","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-vv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1953","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=1953"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1953\/revisions"}],"predecessor-version":[{"id":2716,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1953\/revisions\/2716"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}