{"id":48558,"date":"2024-12-01T10:01:32","date_gmt":"2024-12-01T04:31:32","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-samsung-india-electronics-pvt-ltd-2024467-itr-197-164-taxmann-com-706-delhihc\/"},"modified":"2024-12-01T10:01:32","modified_gmt":"2024-12-01T04:31:32","slug":"pcit-v-samsung-india-electronics-pvt-ltd-2024467-itr-197-164-taxmann-com-706-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-samsung-india-electronics-pvt-ltd-2024467-itr-197-164-taxmann-com-706-delhihc\/","title":{"rendered":"PCIT v. Samsung India Electronics Pvt. Ltd. (2024)467 ITR 197\/ 164 taxmann.com 706 (Delhi)(HC)"},"content":{"rendered":"<p>Held, dismissing the appeal of the Revenue the Court held that sales\u00a0 to\u00a0 associated enterprises under individual contracts is\u00a0 not payment of royalty. Royalty payment by\u00a0 subsidiary to its parent company abroad\u00a0 which is comparable to those in open market.\u00a0 Transfer pricing adjustment of\u00a0 royalty is not justified.\u00a0 No substantial question of law. \u00a0(AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92CA : Transfer pricing  Reference to Transfer Pricing Officer-Arm\u2019s Length price-Avoidance of tax-Parent company of  subsidiary-Not controlling and determining quantity of  production-Sales to  associated enterprises under individual contracts-Not payment of royalty-Not profit-shifting mechanism even if royalty embedded in sale price-Contract manufacturer-Royalty payment by  subsidiary to its parent company abroad-Comparable to those in open market-Transfer pricing adjustment of  royalty is not justified-No substantial question of law. [S.92C, 260A, R.10A, 10E] <\/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-48558","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cDc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48558","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=48558"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48558\/revisions"}],"predecessor-version":[{"id":48559,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48558\/revisions\/48559"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}