{"id":36435,"date":"2023-08-29T13:19:48","date_gmt":"2023-08-29T07:49:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/excellence-data-research-p-ltd-v-acit-2022100-itr-74-trib-sn-chenaitrib\/"},"modified":"2023-08-29T13:19:48","modified_gmt":"2023-08-29T07:49:48","slug":"excellence-data-research-p-ltd-v-acit-2022100-itr-74-trib-sn-chenaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/excellence-data-research-p-ltd-v-acit-2022100-itr-74-trib-sn-chenaitrib\/","title":{"rendered":"Excellence Data Research P. Ltd. v. ACIT (2022)100 ITR 74 (Trib) (SN) (Chenai)(Trib)"},"content":{"rendered":"<p>Held that functionally different companies are to be excluded from the comparable.\u00a0 Tolerance range of\u00a0 \u00b15 Per Cent. to be considered. Transaction of\u00a0 overdue receivables covered under capital financing is to be\u00a0 benchmarked separately irrespective of\u00a0 whether interest charged by assessee from non-associated enterprises-Rate of\u00a0 libor +3 Per Cent. for delayed remittances beyond allowable credit period.(AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Comparables-Functionally different-To be excluded-Tolerance range Of \u00b15 Per Cent. to be considered-Transaction of  overdue receivables covered under capital financing is to be  benchmarked separately irrespective of  whether interest charged by assessee from non-associated enterprises-Rate of  libor +3 Per Cent. for delayed remittances beyond allowable credit period.  [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-36435","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9tF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36435","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=36435"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36435\/revisions"}],"predecessor-version":[{"id":36436,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36435\/revisions\/36436"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}