{"id":4086,"date":"2019-02-25T10:48:25","date_gmt":"2019-02-25T10:48:25","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-glenmark-pharmaceuticals-ltd-2019-260-taxman-249-bom-hc\/"},"modified":"2019-11-01T01:01:14","modified_gmt":"2019-11-01T01:01:14","slug":"cit-v-glenmark-pharmaceuticals-ltd-2019-260-taxman-249-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-glenmark-pharmaceuticals-ltd-2019-260-taxman-249-bom-hc\/","title":{"rendered":"CIT v. Glenmark Pharmaceuticals Ltd. (2019)  417 ITR 479\/ 260 Taxman 249 (Bom.)(HC) Editorial: SLP  of revenue is dismissed CIT v. Glenmark Pharmaceuticals Ltd  ( 2019) 416 ITR 138 (St)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that Arm\u2019s length price of corporate guarantee cannot be determined on the basis of bank guarantee- Adjustment of 3%\u00a0 of the amount of guarantee given by the assessee is held to be not justified (Followed ITA No. 1302 of 2014 dt 2-2-2017)( AY.2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing\u2013Arm\u2019s length price-Corporate guarantee-  Arm\u2019s length price of corporate guarantee cannot be determined on the basis of bank guarantee- Adjustment of 3%  of the amount of guarantee given by the assessee is 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-4086","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-13U","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4086","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=4086"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4086\/revisions"}],"predecessor-version":[{"id":7952,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4086\/revisions\/7952"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}