{"id":36555,"date":"2023-09-01T16:43:48","date_gmt":"2023-09-01T11:13:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/netapp-india-marketing-and-services-pvt-ltd-v-acit-202295-itr-91-snbang-trib\/"},"modified":"2023-09-01T16:43:48","modified_gmt":"2023-09-01T11:13:48","slug":"netapp-india-marketing-and-services-pvt-ltd-v-acit-202295-itr-91-snbang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/netapp-india-marketing-and-services-pvt-ltd-v-acit-202295-itr-91-snbang-trib\/","title":{"rendered":"Netapp India Marketing and Services Pvt. Ltd. v. ACIT (2022)95 ITR 91 (SN)(Bang) (Trib)"},"content":{"rendered":"<p>Held that\u00a0 the Transfer Pricing Officer had not examined the remaining three companies also. All these companies were functionally comparable with the activities carried on by the assessee. Accordingly, all these companies needed to be examined by the Transfer Pricing Officer. Held that\u00a0 working capital adjustment was required to be made in order to determine the arm\u2019s length price of the transaction. Interest on outstanding receivables matter remanded.(AY.2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Comparables-Working capital adjustment-Interest on outstanding receivables.  Matter remanded.<\/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-36555","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\/36555","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=36555"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36555\/revisions"}],"predecessor-version":[{"id":36556,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36555\/revisions\/36556"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}