{"id":36485,"date":"2023-09-01T15:16:48","date_gmt":"2023-09-01T09:46:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mccain-foods-india-p-ltd-v-acit-2022-215-dtr-148-218-ttj-393-141-taxmann-com-164-delhitrib-2\/"},"modified":"2023-09-01T15:16:48","modified_gmt":"2023-09-01T09:46:48","slug":"mccain-foods-india-p-ltd-v-acit-2022-215-dtr-148-218-ttj-393-141-taxmann-com-164-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mccain-foods-india-p-ltd-v-acit-2022-215-dtr-148-218-ttj-393-141-taxmann-com-164-delhitrib-2\/","title":{"rendered":"McCain Foods India (P) Ltd. v. ACIT (2022) 215 DTR 148 \/ 218 TTJ 393 \/ 141 taxmann.com 164 (Delhi)(Trib)"},"content":{"rendered":"<p>\u00a0<\/p>\n<p>Assessing Officer by passing the\u00a0 rectification order under section 154 made disallowance including service tax under section 40(a)(i) for same services\u00a0 Said disallowance was accepted by assessee and same had attained finality.\u00a0 Commissioner (Appeals) held that provisions of section 40(a)(i) and section 92CA(3) would operate simultaneously and were not contradictory to each other. On appeal the Tribunal held that\u00a0 if interpretation sought to be taken by Commissioner (Appeals) would be accepted, then assessee would be fastened with liability to pay taxes on same amount twice within same assessment year. Addition was deleted. (AY.\u00a0 2010-11, 2011-12,\u00a0 2012-13)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Adjustmnet of management fee-Disallowed under section 40(a)(i)-Disllaowing the same for Transfer pricing adjustment  will lead to taxing the same amount twice-Addition was deleted.[S. 40(a)(i), 154] <\/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-36485","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9ut","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36485","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=36485"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36485\/revisions"}],"predecessor-version":[{"id":36486,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36485\/revisions\/36486"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}