{"id":36569,"date":"2023-09-01T16:51:40","date_gmt":"2023-09-01T11:21:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/harman-connected-services-corporation-india-p-ltd-v-dy-cit-202295-itr-1-bang-trib\/"},"modified":"2023-09-01T16:51:40","modified_gmt":"2023-09-01T11:21:40","slug":"harman-connected-services-corporation-india-p-ltd-v-dy-cit-202295-itr-1-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/harman-connected-services-corporation-india-p-ltd-v-dy-cit-202295-itr-1-bang-trib\/","title":{"rendered":"Harman Connected Services Corporation India P. Ltd. v. Dy. CIT (2022)95 ITR 1 (Bang) (Trib)"},"content":{"rendered":"<p>Question of\u00a0 adjustment on negative working capital does not arise. Companies engaged in diversified activities and earning revenue from various activities and no segmental data available, companies not passing employee cost filter, cannot be taken as comparable. On facts rejection of rental expenses is held to be proper. <em>(<\/em>AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Working capital adjustment-Question of  adjustment on negative working capital does not arise-Selection of  comparables-Companies engaged in diversified activities and earning revenue from various activities and no segmental data available, companies not passing employee cost filter, cannot be taken as comparable-On facts rejection of rental expenses is held to be proper.   [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-36569","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9vP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36569","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=36569"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36569\/revisions"}],"predecessor-version":[{"id":36570,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36569\/revisions\/36570"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}