{"id":46631,"date":"2024-09-22T21:24:09","date_gmt":"2024-09-22T15:54:09","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-john-deere-india-p-ltd2024-298-taxman-115-bomhc\/"},"modified":"2024-09-22T21:24:09","modified_gmt":"2024-09-22T15:54:09","slug":"cit-v-john-deere-india-p-ltd2024-298-taxman-115-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-john-deere-india-p-ltd2024-298-taxman-115-bomhc\/","title":{"rendered":"CIT v. John Deere India (P.) Ltd(2024) 298 Taxman 115 (Bom)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that where assessee was rendering IT enabled services to its AE, a company which outsourced services to be rendered by it and thus had outsourcing business model, could not be accepted as comparable. A company in whose case extraordinary event of amalgamation took place during relevant year, was not acceptable as comparable. \u00a0Where assessee was rendering IT enabled services to its AE, a company engaged in providing KPO services could not be accepted as comparable. \u00a0(AY. 2009-10) \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Avoidance of tax- International transaction-Comparable-Employee cost filter-Different business model cannot be accepted as comparable-Extrodinary event of amlgamation cannot be accepted as comparable-Company engged in KPO services cannot be accepted as comparable. [S. 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-46631","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-c87","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46631","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=46631"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46631\/revisions"}],"predecessor-version":[{"id":46632,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/46631\/revisions\/46632"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=46631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=46631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=46631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}