{"id":33904,"date":"2023-04-18T11:31:34","date_gmt":"2023-04-18T06:01:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-dharmanandan-diamonds-p-ltd-2022-195-itd-717-mum-trib\/"},"modified":"2023-04-18T11:31:34","modified_gmt":"2023-04-18T06:01:34","slug":"dcit-v-dharmanandan-diamonds-p-ltd-2022-195-itd-717-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-dharmanandan-diamonds-p-ltd-2022-195-itd-717-mum-trib\/","title":{"rendered":"DCIT v. Dharmanandan Diamonds (P) Ltd. (2022) 195 ITD 717 (Mum.)(Trib.)"},"content":{"rendered":"<p>Held that Considering practical difficulties in furnishing segment-wise details of AE segment and non-AE segment transactions in the diamond industry, no penalty under section 271G could be imposed. Followed ACIT v. D. Navinchandra Exports (P.) Ltd. [2017] 87 taxmann.com 306 (Mum)(Trib).\u00a0\u00a0 (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271G : Penalty-Documents-International transaction-Transfer pricing-Diamond industry-Practical difficulties in furnishing segment-wise details of AE segment and non-AE segment-Penalty not leviable. [S. 92D(3)] <\/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-33904","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8OQ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33904","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=33904"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33904\/revisions"}],"predecessor-version":[{"id":33905,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/33904\/revisions\/33905"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=33904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=33904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}