{"id":62173,"date":"2026-07-18T15:27:10","date_gmt":"2026-07-18T09:57:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/schneider-electric-infrastructure-ltd-v-dcit-2025-132-itr-358-ahd-trib\/"},"modified":"2026-07-18T15:27:10","modified_gmt":"2026-07-18T09:57:10","slug":"schneider-electric-infrastructure-ltd-v-dcit-2025-132-itr-358-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/schneider-electric-infrastructure-ltd-v-dcit-2025-132-itr-358-ahd-trib\/","title":{"rendered":"Schneider Electric Infrastructure Ltd. v. DCIT (2025) 132 ITR 358 (Ahd) (Trib.)"},"content":{"rendered":"<p style=\"margin: 0in;margin-bottom: .0001pt;text-align: justify;line-height: 150%\"><span lang=\"EN-IN\" style=\"font-family: &#039;Verdana&#039;,sans-serif\">Following its own decision for the earlier year on identical facts, the Tribunal held that the assessee&#8217;s transactional net margin method for import of raw materials from associated enterprises could not be disturbed by adopting contract manufacturing as comparable without pointing out any defect; that TPO\u2019s contradictory approach of applying the comparable uncontrolled price method while also valuing the transaction at nil for information technology services was untenable, and the assessee&#8217;s transfer pricing study was acceptable; and that since a non-associated party would not incur costs like travel, lodging and employee expenses on behalf of another without benefit, the assessee must have deployed resources in providing administrative services, justifying the TPO\u2019s benchmarking with a mark-up. The adjustments on raw material imports and information technology services were deleted, while the adjustment on reimbursement of expenses was upheld.(AY. 2018-19) <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C: Transfer pricing-Arm\u2019s length price-Avoidance of tax-International transaction-Manufacturing of power distribution equipment-Import of raw materials-Transactional net margin method-No defect pointed out-Contract manufacturing not a proper comparable-No adjustment required-Information technology services from associated enterprise-Transfer Pricing Officer&#8217;s simultaneous use of comparable uncontrolled price and nil valuation contradictory-Assessee&#8217;s transfer pricing study acceptable-No adjustment called for.-Reimbursement of travel, lodging and employee cost on cost basis-Cost incurred without benefit improbable-Transfer Pricing Officer&#8217;s benchmarking proper. [S. 92]<\/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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62173","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gaN","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62173","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=62173"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62173\/revisions"}],"predecessor-version":[{"id":62174,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62173\/revisions\/62174"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}