{"id":43698,"date":"2024-06-14T16:29:54","date_gmt":"2024-06-14T10:59:54","guid":{"rendered":"https:\/\/itatonline.org\/digest\/qualcomm-india-pvt-ltd-v-add-cit-2023102-itr-556-delhitrib\/"},"modified":"2024-06-14T16:29:54","modified_gmt":"2024-06-14T10:59:54","slug":"qualcomm-india-pvt-ltd-v-add-cit-2023102-itr-556-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/qualcomm-india-pvt-ltd-v-add-cit-2023102-itr-556-delhitrib\/","title":{"rendered":"Qualcomm India Pvt. Ltd. v. Add. CIT (2023)102 ITR 556 (Delhi)(Trib)"},"content":{"rendered":"<p>Held that\u00a0 the company\u00a0 into sale of software products. In the absence of segmental details in the financial statements, it could not be treated as comparable to the assessee as it was not functionally similar. The Tribunal in an earlier case had excluded this company from comparables. Therefore, the Assessing Officer was to exclude this company from the list of comparables. (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Avoidance of tax-International transaction-Specified domestic transaction-Selection of  Comparable-Transactional net margin method-Functionally dissimilar-Software Services-Company engaged in diversified activities but segmental details relating to various segments not available in public domain and providing technical services-Cannot be taken as comparable. <\/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-43698","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bmO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43698","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=43698"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43698\/revisions"}],"predecessor-version":[{"id":43699,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43698\/revisions\/43699"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}