{"id":36523,"date":"2023-09-01T16:09:59","date_gmt":"2023-09-01T10:39:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/u-l-india-pvt-ltd-v-dy-cit-202296-itr-191-tribbang-trib\/"},"modified":"2023-09-01T16:09:59","modified_gmt":"2023-09-01T10:39:59","slug":"u-l-india-pvt-ltd-v-dy-cit-202296-itr-191-tribbang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/u-l-india-pvt-ltd-v-dy-cit-202296-itr-191-tribbang-trib\/","title":{"rendered":"U.L. India Pvt. Ltd. v. Dy. CIT (2022)96 ITR 191 (Trib)(Bang) (Trib)"},"content":{"rendered":"<p>In the matter where the Dispute Resolution Panel excluded uncontrolled comparables having turnover more than Rs. 200 crores in the absence of turnover criterion prescribed in rule\u00a010B\u00a0of the\u00a0Income-tax Rules, 1962, and there is no correlation between turnover and profit margin, it was held that the turnover was a relevant criterion for choosing comparable companies. (AY. 2010-11, 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Having high turnover-Turnover is a  relevant criterion for choosing comparable  [R. 10B]<\/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-36523","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9v5","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36523","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=36523"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36523\/revisions"}],"predecessor-version":[{"id":36524,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36523\/revisions\/36524"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}