{"id":26009,"date":"2022-03-27T11:14:54","date_gmt":"2022-03-27T05:44:54","guid":{"rendered":"https:\/\/itatonline.org\/digest\/invitrogen-bioservices-india-pvt-ltd-v-acit-2021-90-itr-91-sn-bang-trib\/"},"modified":"2022-03-27T11:14:54","modified_gmt":"2022-03-27T05:44:54","slug":"invitrogen-bioservices-india-pvt-ltd-v-acit-2021-90-itr-91-sn-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/invitrogen-bioservices-india-pvt-ltd-v-acit-2021-90-itr-91-sn-bang-trib\/","title":{"rendered":"Invitrogen Bioservices India Pvt. Ltd. v. ACIT (2021) 90 ITR 91 (SN) (Bang.)(Trib.)"},"content":{"rendered":"<p>Held that\u00a0 as seen from the annual report, GVK Ltd. was a discovery research and development organization providing a broad spectrum of services, across the research and development and manufacturing value chain. It also held a number of patents as provided in its annual report. It was a product company having inventories and undertook very high level research work, which could not be compared to the assessee, which was a captive service provider. This company was to be excluded from the list of comparable companies in the research and development segment. (AY.\u00a0 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Functional dissimilarity-Product company having inventories and undertaking very high level research work-Excluded from list of  comparable Companies. [S. 92CA] <\/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-26009","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6Lv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26009","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=26009"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26009\/revisions"}],"predecessor-version":[{"id":26010,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26009\/revisions\/26010"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=26009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=26009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}