{"id":36539,"date":"2023-09-01T16:38:52","date_gmt":"2023-09-01T11:08:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bostik-india-p-ltd-v-dy-cit-202296-itr-25-sn-bang-trib\/"},"modified":"2023-09-01T16:38:52","modified_gmt":"2023-09-01T11:08:52","slug":"bostik-india-p-ltd-v-dy-cit-202296-itr-25-sn-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bostik-india-p-ltd-v-dy-cit-202296-itr-25-sn-bang-trib\/","title":{"rendered":"Bostik India P. Ltd. v. Dy. CIT (2022)96 ITR 25 (SN) (Bang) (Trib)"},"content":{"rendered":"<p>The Tribunal held that the Transfer Pricing Officer\u2019s reasoning of constructing a hypothetical comparable uncontrolled price based on the study of third-party scenario was not envisaged as per the benchmarking exercise laid out in rule\u00a010B. The Tribunal held that since centralised information technology services of the total group were distributed among all divisions, subsidiaries and associates who used this facility, the basis of cost allocation was reasonable and could not be faulted. (AY. 2011-12 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer Pricing-Arm\u2019s Length Price-Manufacturing and marketing-Transactional Net Margin Method most appropriate-Transfer Pricing Officer\u2019s Reasoning of  constructing a hypothetical comparable uncontrolled price based on study of  third party scenario is  not envisaged [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-36539","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9vl","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36539","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=36539"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36539\/revisions"}],"predecessor-version":[{"id":36540,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36539\/revisions\/36540"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}