{"id":36529,"date":"2023-09-01T16:15:22","date_gmt":"2023-09-01T10:45:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/lite-on-mobile-india-pvt-ltd-v-dy-cit-2022-96-itr-352-chennai-trib\/"},"modified":"2023-09-01T16:15:22","modified_gmt":"2023-09-01T10:45:22","slug":"lite-on-mobile-india-pvt-ltd-v-dy-cit-2022-96-itr-352-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/lite-on-mobile-india-pvt-ltd-v-dy-cit-2022-96-itr-352-chennai-trib\/","title":{"rendered":"Lite-On Mobile India Pvt. Ltd. v. Dy. CIT (2022) 96 ITR 352 (Chennai) (Trib)"},"content":{"rendered":"<p>The Tribunal held that the assessee had made periodical payment to its associated enterprises in the guise of managerial fee without any justification therefor. Such payment of fees had to be examined qua the evidence without going into the aspect of the operating margin of the assessee and the transfer pricing study conducted for that purpose. There was no error in the reasons given by the Transfer Pricing Officer and the Dispute Resolution Panel in making a transfer pricing adjustment for the assessee\u2019s payment of managerial service fees to the associated enterprises. (AY. 2012-13, 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Fees for managerial services-No evidence of  nature of  services  rendered-Transfer Pricing adjustment required for consideration paid for services. [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-36529","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9vb","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36529","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=36529"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36529\/revisions"}],"predecessor-version":[{"id":36530,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36529\/revisions\/36530"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}