{"id":45892,"date":"2024-09-08T17:38:26","date_gmt":"2024-09-08T12:08:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-lge-and-c-ncc-joint-venture-2024461-itr-265-t-p-hc-editorial-refer-lg-polymers-india-p-ltd-2012-16-itr-240-visakhapatnam-trib-cit-v-lge-and-c-ncc-joint-venture-2024461-i\/"},"modified":"2024-09-08T17:38:26","modified_gmt":"2024-09-08T12:08:26","slug":"cit-v-lge-and-c-ncc-joint-venture-2024461-itr-265-t-p-hc-editorial-refer-lg-polymers-india-p-ltd-2012-16-itr-240-visakhapatnam-trib-cit-v-lge-and-c-ncc-joint-venture-2024461-i","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-lge-and-c-ncc-joint-venture-2024461-itr-265-t-p-hc-editorial-refer-lg-polymers-india-p-ltd-2012-16-itr-240-visakhapatnam-trib-cit-v-lge-and-c-ncc-joint-venture-2024461-i\/","title":{"rendered":"CIT v. LGE and C-NCC (Joint Venture) (2024)461 ITR 265 (T&#038; P) (HC) Editorial : Refer LG Polymers India P.Ltd (2012) 16 ITR 240 (Visakhapatnam ) (Trib), CIT v. LGE and C-NCC (Joint Venture) (2024)461 ITR 266\/ 297 Taxman 293 (SC),SLP of Revenue dismissed. Question of law kept open."},"content":{"rendered":"<p>Dismissing the appeal of the Revenue, High Court affirmed the order of the Tribunal, wherein the Tribunal held that \u00a0Transfer Pricing Officer not empowered to hold transaction sham.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92CA : Transfer pricing-Reference to Transfer Pricing Officer-Arm\u2019s Length price-Avoidance of tax-Tribunal holding Transfer Pricing Officer not empowered to hold transaction sham- High Court affirmed. [S. 37(1), 92C, 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-45892","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bWc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45892","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=45892"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45892\/revisions"}],"predecessor-version":[{"id":45893,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45892\/revisions\/45893"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}