{"id":3213,"date":"2018-12-11T10:30:17","date_gmt":"2018-12-11T10:30:17","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dy-cit-v-vodafone-essar-digilink-ltd-2018-193-ttj-150-64-itr-392-delhitrib-2\/"},"modified":"2019-04-19T22:29:13","modified_gmt":"2019-04-19T22:29:13","slug":"dy-cit-v-vodafone-essar-digilink-ltd-2018-193-ttj-150-64-itr-392-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-vodafone-essar-digilink-ltd-2018-193-ttj-150-64-itr-392-delhitrib-2\/","title":{"rendered":"Dy. CIT v. Vodafone Essar Digilink Ltd. (2018) 193 TTJ 150 \/ 64 ITR 392\/ 170 ITD 430\/ 166 DTR 233 (Delhi)(Trib.)"},"content":{"rendered":"<p>Assessee paid royalty for use of trade name and mark. TPO determined the ALP at Nil on the ground that no benefit was derived by the assessee. The Tribunal held that TPO was required to simply determine the ALP of the international transaction, unconcerned with the fact, if any benefit accrued to the assessee and thereafter, it was for the AO to decide the deductibility of this amount u\/s. 37(1) of the Act. Held, matter set aside. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing &#8211; Arm\u2019s length price \u2013Jurisdiction of TPO and AO \u2013 Held, TPO required to simply determined to the ALP irrespective of the benefits accruing to the assessee \u2013 Held, TPO cannot determine the ALP at Nil on the ground that no benefit accrued to the assessee -Held, AO to decide on deductibility of expense u\/s 37(1) \u2013 Matter set aside. [ S.37(1)]<\/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-3213","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-PP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3213","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=3213"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3213\/revisions"}],"predecessor-version":[{"id":4980,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3213\/revisions\/4980"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}