{"id":37309,"date":"2023-09-06T22:40:29","date_gmt":"2023-09-06T17:10:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-sitel-india-ltd-202297-itr-65-snmum-trib\/"},"modified":"2023-09-06T22:40:29","modified_gmt":"2023-09-06T17:10:29","slug":"dy-cit-v-sitel-india-ltd-202297-itr-65-snmum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-sitel-india-ltd-202297-itr-65-snmum-trib\/","title":{"rendered":"Dy. CIT v. Sitel India Ltd. (2022)97 ITR 65 (SN)(Mum) (Trib)"},"content":{"rendered":"<p>The Tribunal held that the assessee had computed the arm\u2019s length price in respect of the international transactions in good faith and with due diligence. There was no infirmity in the order passed by the Commissioner (Appeals) directing deletion of penalty levied under section\u00a0271(1)(c)\u00a0of the Act.(AY. 2009-10).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty-Concealment-Transfer pricing-Conducted detailed functions, assets and risk analysis of international transactions-Documentations not rejected-Penalty not warranted. [S. 92C, 92D R.10D]<\/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-37309","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9HL","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37309","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=37309"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37309\/revisions"}],"predecessor-version":[{"id":37310,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37309\/revisions\/37310"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=37309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=37309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}