{"id":43700,"date":"2024-06-14T16:30:08","date_gmt":"2024-06-14T11:00:08","guid":{"rendered":"https:\/\/itatonline.org\/digest\/emerson-climate-technologies-india-pvt-ltd-v-acit-2023-147-taxmann-com-359-102-itr-43-snpune-trib-2\/"},"modified":"2024-06-14T16:30:08","modified_gmt":"2024-06-14T11:00:08","slug":"emerson-climate-technologies-india-pvt-ltd-v-acit-2023-147-taxmann-com-359-102-itr-43-snpune-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/emerson-climate-technologies-india-pvt-ltd-v-acit-2023-147-taxmann-com-359-102-itr-43-snpune-trib-2\/","title":{"rendered":"Emerson Climate Technologies (India) Pvt. Ltd. v. ACIT (2023) 147 taxmann.com 359\/ 102 ITR 43 (SN)(Pune) (Trib)"},"content":{"rendered":"<p>Held that \u00a0neither of the lower authorities held the entity CV Ltd. not a functionally comparable entity as not satisfying the \u201cFAR\u201d analysis. Even if the outstanding receivables were accepted as having more than four months, that would not affect the relevant profit margin in the segment. Explanation (c) to section\u00a092B\u00a0treats such receivables as an international transaction. The Transfer Pricing Officer was to frame his fresh computation.(AY.2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Avoidance of tax-International transaction-Specified domestic transaction-Outstanding receivables-Directed to frame fresh computation.[S.92CA]   <\/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-43700","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bmQ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43700","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=43700"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43700\/revisions"}],"predecessor-version":[{"id":43701,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43700\/revisions\/43701"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}