{"id":2265,"date":"2018-09-07T06:36:20","date_gmt":"2018-09-07T06:36:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/most-hennessy-india-pvt-ltd-v-acit-delhitribwww-itatonline-org\/"},"modified":"2019-05-19T03:51:46","modified_gmt":"2019-05-19T03:51:46","slug":"most-hennessy-india-pvt-ltd-v-acit-delhitribwww-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/most-hennessy-india-pvt-ltd-v-acit-delhitribwww-itatonline-org\/","title":{"rendered":"Most Hennessy India Pvt. Ltd. v. ACIT( 2018) 173 ITD 55  ( Delhi)(Trib),www.itatonline.org"},"content":{"rendered":"<p>Allowing the appeal of\u00a0 the assessee the Tribunal held that ; In the absence of material to suggest that there was an &#8220;arrangement, understanding or action in concert&#8221; with respect of the AMP expenditure incurred by the assessee, the TPO is not justified in coming to the conclusion that there was an international transaction u\/s 92B and that the assessee should have recovered an amount from its AE. The request of the Dept for a remand to the TPO is not acceptable. A remand to the assessment stage cannot be a matter of routine; it has to be so done only when there is anything in the facts and circumstances to so warrant or justify<strong> .<\/strong>( ITA No. 1906\/Del\/2014, dt. 23.08.2018)(AY. 2009-10)<\/p>\n<p><strong>[Click here to download PDF file]<\/strong><a href=\"http:\/\/itatonline.org\/archives\/wp-content\/uploads\/Moet-Hennessy-AMP-Transfer-Pricing.pdf\">http:\/\/itatonline.org\/archives\/wp-content\/uploads\/Moet-Hennessy-AMP-Transfer-Pricing.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C: Transfer pricing -AMP Expenditure-In the absence of material to suggest that there was an &#8220;arrangement, understanding or action in concert&#8221; with respect of the AMP expenditure incurred by the assessee, the TPO is not justified in coming to the conclusion that there was an international transaction u\/s 92B and that the assessee should have recovered an amount from its AE. The request of the Dept for a remand to the TPO is not acceptable. A remand to the assessment stage cannot be a matter of routine; it has to be so done only when there is anything in the facts and circumstances to so warrant or justify [ S.92B ]<\/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-2265","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Ax","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2265","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=2265"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2265\/revisions"}],"predecessor-version":[{"id":5467,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2265\/revisions\/5467"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}