{"id":19903,"date":"2021-07-02T13:28:05","date_gmt":"2021-07-02T07:58:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vishay-components-india-p-ltd-v-acit-2020-188-dtr-337-204-ttj-649-pune-trib\/"},"modified":"2021-07-02T13:28:05","modified_gmt":"2021-07-02T07:58:05","slug":"vishay-components-india-p-ltd-v-acit-2020-188-dtr-337-204-ttj-649-pune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/vishay-components-india-p-ltd-v-acit-2020-188-dtr-337-204-ttj-649-pune-trib\/","title":{"rendered":"Vishay Components India ( P) Ltd v ACIT ( 2020) 188 DTR 337 \/ 204 TTJ 649 ( Pune ) ( Trib)"},"content":{"rendered":"<p>Tribunal \u00a0\u00a0remitted \u00a0the matter to the file of AO\/TPO for a fresh determination of the ALP of the international transactions under the Manufacturing and ITES\/Back-office services segments in terms of the discussion made\u00a0<em>supra\u00a0<\/em>in this order. Needless to say, the assessee will be allowed a reasonable opportunity of hearing in such fresh determination.\u00a0 As regards claim under section 10A.10B\u00a0 following the ratio in CIT vs. Yokogawa India Ltd. (2017) 391 ITR 274 (SC)<em>\u00a0<\/em><em> t<\/em>he Tribunal held that the deduction should be allowed\u00a0<em>qua\u00a0<\/em>the eligible undertaking standing on its own without reference to other eligible or non-eligible units or undertakings. Accordingly\u00a0 \u00a0the profits of the eligible units should be considered on standalone basis. Similar view has been reiterated by the Hon&#8217;ble Supreme Court in\u00a0CIT v. . J.P. Morgan Services India Pvt. Ltd. (2017) 393 ITR 24 (SC). (AY. 2010 -11 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing \u2013 Arm\u2019s length price \u2013 TNMM &#8211;  Adjustment in the Manufacturing segment  of the assessee- Matter remanded to the Assessing Officer -Claim under section 10A\/10B is directed to be allowed on stand alone basis . [ S.10A,  10B ] S. 92C : Transfer pricing \u2013 Arm\u2019s length price \u2013 TNMM &#8211;  Adjustment in the Manufacturing segment  of the assessee- Matter remanded to the Assessing Officer -Claim under section 10A\/10B is directed to be allowed on stand alone basis . [ S.10A,  10B ] <\/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-19903","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5b1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19903","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=19903"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19903\/revisions"}],"predecessor-version":[{"id":19904,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19903\/revisions\/19904"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=19903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=19903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=19903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}