{"id":31911,"date":"2023-01-09T10:51:20","date_gmt":"2023-01-09T05:21:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-warburg-pincus-india-pvt-ltd-2022-449-itr-329-329-ctr-933-219-dtr-361-bom-hc\/"},"modified":"2023-03-20T19:24:34","modified_gmt":"2023-03-20T13:54:34","slug":"pcit-v-warburg-pincus-india-pvt-ltd-2022-449-itr-329-329-ctr-933-219-dtr-361-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-warburg-pincus-india-pvt-ltd-2022-449-itr-329-329-ctr-933-219-dtr-361-bom-hc\/","title":{"rendered":"PCIT v. Warburg Pincus India Pvt. Ltd. (2022) 449 ITR 329 \/ 329 CTR 933 \/ 219 DTR 361 \/\/(2023) 290 Taxman 80   (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that An investment advisor or sub-advisory cannot be compared with a merchant banker or investment banker. Followed CIT v. Carlyle India Advisors (P) Ltd (2013) 357 ITR 584 (Bom)(HC) (AY.2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Selection of  comparables-An investment advisor or sub-advisory cannot be compared with a merchant banker or investment banker-Tribunal\u2019s finding based on decision of  Supreme Court-No question of law. [S. 260A] <\/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-31911","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8iH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31911","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=31911"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31911\/revisions"}],"predecessor-version":[{"id":33312,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31911\/revisions\/33312"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=31911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=31911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}