{"id":39102,"date":"2024-02-12T14:19:33","date_gmt":"2024-02-12T08:49:33","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-nippon-leakless-talbros-pvt-ltd-2023455-itr-335-153-taxmann-com-279-phhc\/"},"modified":"2024-02-12T14:19:33","modified_gmt":"2024-02-12T08:49:33","slug":"pcit-v-nippon-leakless-talbros-pvt-ltd-2023455-itr-335-153-taxmann-com-279-phhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-nippon-leakless-talbros-pvt-ltd-2023455-itr-335-153-taxmann-com-279-phhc\/","title":{"rendered":"PCIT v. Nippon Leakless Talbros Pvt. Ltd. (2023)455 ITR 335\/ 153 taxmann.com 279 (P&#038;H)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue\u00a0 the Court held that\u00a0 the principle of consistency and rule of finality applied. The Tribunal was right in allowing the management fees paid to its associated enterprises.(AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(2) : Expenses or payments not deductible-Excessive  or unreasonable-Management fees-International Transactions-Transfer Pricing-Res Judicata-Commercial expediency-Principles of  consistency and rule of  finality applied.   [S. 40A(2)(b), 92A(3), 144C, 260A] <\/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-39102","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aaG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39102","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=39102"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39102\/revisions"}],"predecessor-version":[{"id":39103,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39102\/revisions\/39103"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}