{"id":5819,"date":"2019-06-19T12:39:47","date_gmt":"2019-06-19T12:39:47","guid":{"rendered":"http:\/\/itatonline.org\/digest\/diamond-crucible-company-ltd-v-acit-2019-176-itd-258-ahd-trib\/"},"modified":"2019-06-19T12:39:47","modified_gmt":"2019-06-19T12:39:47","slug":"diamond-crucible-company-ltd-v-acit-2019-176-itd-258-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/diamond-crucible-company-ltd-v-acit-2019-176-itd-258-ahd-trib\/","title":{"rendered":"Diamond Crucible Company Ltd. v. ACIT (2019) 176 ITD 258 (Ahd.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that in order to claim expenses as allowable expenses the\u00a0 assessee had to demonstrate that certain services were provided by Head Office to assessee-subsidiary for which expenditure was incurred at global Head Office level.\u00a0 The\u00a0 Assessing Officer was required to examine organizational structure of holding company vis-a-vis assessee company and it was to be established that nexus was available between payment and services rendered .Matter remanded.( AY. 2009 -10, 2011-12, 2012 -13 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Indian subsidiary-Head office- Payment to holding company for providing services-Matter remanded.<\/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-5819","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1vR","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5819","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=5819"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5819\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}