{"id":35554,"date":"2023-08-24T15:13:01","date_gmt":"2023-08-24T09:43:01","guid":{"rendered":"https:\/\/itatonline.org\/digest\/honeywell-automation-india-ltd-v-dy-cit-202295-itr-51-pune-trib\/"},"modified":"2023-08-24T15:13:01","modified_gmt":"2023-08-24T09:43:01","slug":"honeywell-automation-india-ltd-v-dy-cit-202295-itr-51-pune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/honeywell-automation-india-ltd-v-dy-cit-202295-itr-51-pune-trib\/","title":{"rendered":"Honeywell Automation India Ltd. v. Dy. CIT (2022)95 ITR 51 (Pune) (Trib)"},"content":{"rendered":"<p>Held, that the Assessing Officer had not proved that any arrangement existed between the parties which resulted in higher profits. Consequently, the reworking of the profits by the Assessing Officer invoking section\u00a010A\u00a0read with section\u00a080IA(10)\u00a0was not justified. The action of the Assessing Officer in restricting the deduction under section\u00a010A\u00a0was set aside. Therefore, the order of the Commissioner (Appeals) was not justified.(AY.2005-06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10A : Free trade zone-Transaction between related parties-Restriction of deduction is held to be not justified. [S. 80IA(10)] <\/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-35554","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9fs","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35554","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=35554"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35554\/revisions"}],"predecessor-version":[{"id":35555,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35554\/revisions\/35555"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}