{"id":5209,"date":"2019-04-28T15:06:48","date_gmt":"2019-04-28T15:06:48","guid":{"rendered":"http:\/\/itatonline.org\/digest\/american-express-india-pvt-ltd-v-dy-cit-2017-83-taxmann-com-345-2018-196-ttj-283-delhitrib\/"},"modified":"2019-04-28T15:06:48","modified_gmt":"2019-04-28T15:06:48","slug":"american-express-india-pvt-ltd-v-dy-cit-2017-83-taxmann-com-345-2018-196-ttj-283-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/american-express-india-pvt-ltd-v-dy-cit-2017-83-taxmann-com-345-2018-196-ttj-283-delhitrib\/","title":{"rendered":"American Express (India) Pvt. Ltd v.Dy .CIT ( 2017) 83 taxmann.com 345\/ (2018) 196 TTJ 283 (Delhi)(Trib)"},"content":{"rendered":"<p><em>Tribunal directed to exclude,\u00a0 functionally different.Software developer could not be functionally comparable with a pure captive service provider .<\/em><b><\/b>Company engaged in provision of ITES services carrying on business through its own employees would not be comparable to a company which had outsourced a significant part of its operations. Foreign exchange gain or loss is part of operating expenditure\/ income, <em>(dt-7-06 2017) ( AY.2007 -08) <\/em><b><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.92C: Transfer pricing\u2014Selection of comparables\u2014Functionally different\u2014IT enabled services- TNMM &#8211; Software developer could not be functionally comparable with a pure captive service provider &#8211; Foreign exchange gain or loss is part of operating expenditure\/ income.<\/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":[1],"tags":[],"class_list":["post-5209","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1m1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5209","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=5209"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5209\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}