{"id":25474,"date":"2022-03-12T16:43:04","date_gmt":"2022-03-12T11:13:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-kec-international-ltd-2021-87-itr-587-mum-trib-2\/"},"modified":"2022-03-12T16:43:04","modified_gmt":"2022-03-12T11:13:04","slug":"dy-cit-v-kec-international-ltd-2021-87-itr-587-mum-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-kec-international-ltd-2021-87-itr-587-mum-trib-2\/","title":{"rendered":"Dy. CIT v. KEC International Ltd. (2021) 87 ITR 587 (Mum.)(Trib.)"},"content":{"rendered":"<p>Held that considering the fact that it was a corporate guarantee for which no fees was paid by the assessee, the transfer pricing adjustments were estimated against these transactions at 0.20 per cent. the Transfer Pricing Officer was to recompute the arm\u2019s length of the guarantee commission at 0.20 per cent.(AY.2011<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92B : Transfer pricing-Associated enterprise-Performance guarantee-International Transactions-Transfer Pricing Adjustment-Performance Guarantee-No risk was involved-Adjustment is not justified-Corporate Guarantee to bank on behalf of  Associated enterprise-Directed to recompute arm\u2019s length price of  guarantee commission at  0.20 Per Cent. <\/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-25474","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6CS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25474","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=25474"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25474\/revisions"}],"predecessor-version":[{"id":25475,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25474\/revisions\/25475"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}