{"id":383,"date":"2018-04-29T17:12:04","date_gmt":"2018-04-29T17:12:04","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-reliance-industries-ltd-2018-161-dtr-420-bom-hc-5\/"},"modified":"2019-03-31T03:58:28","modified_gmt":"2019-03-31T03:58:28","slug":"cit-v-reliance-industries-ltd-2018-161-dtr-420-bom-hc-5","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-reliance-industries-ltd-2018-161-dtr-420-bom-hc-5\/","title":{"rendered":"CIT v. Reliance Industries Ltd ( 2018) 161 DTR 420 \/( 2019) 410 ITR 468 ( Bom) (HC)Matter remanded to High Court, CIT v. Reliance Industries Ltd ( 2019) 410 ITR 466 \/175 DTR 1\/ 307 CTR 121 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that ; when no expenditure was incurred for providing guarantee to bank for the loan given to subsidiaries applying the rate of 2.5% by the TPO was held to be not justified . ( AY. 2003 -04 to 2006 -07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.92C: Transfer pricing &#8211; Arm\u2019s Length Price \u2013 Corporate guarantee- When no expenditure was incurred for providing guarantee to bank for the loan given to subsidiaries applying the rate of 2.5% by the TPO was held to be not justified .<\/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":[1],"tags":[],"class_list":["post-383","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6b","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/383","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=383"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/383\/revisions"}],"predecessor-version":[{"id":4596,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/383\/revisions\/4596"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}