{"id":8997,"date":"2020-01-01T07:12:55","date_gmt":"2020-01-01T07:12:55","guid":{"rendered":"http:\/\/itatonline.org\/digest\/yum-restaurants-marketing-p-ltd-v-ito-2019-179-itd-480-delhitrib-2\/"},"modified":"2021-06-18T07:08:44","modified_gmt":"2021-06-18T01:38:44","slug":"yum-restaurants-marketing-p-ltd-v-ito-2019-179-itd-480-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/yum-restaurants-marketing-p-ltd-v-ito-2019-179-itd-480-delhitrib-2\/","title":{"rendered":"Yum! Restaurants Marketing (P.) Ltd.  v. ITO  (2019)  179 ITD 480\/(2020) 190 DTR  84\/ 205 TTJ 124(Delhi)(Trib.)"},"content":{"rendered":"<p>Assessee is carrying out business of advertisement, marketing and publicity for franchisees from whom it received money and against said receipts, expenses were made. Assessee also received contributions from various franchisees. Tribunal held that from franchise agreement submitted by assessee that contribution made by holding company was tinged with commercial considerations.\u00a0 Similarly advertisement made by assessee wherein Pepsi was advertised would also improve sales of Pepsi Foods Ltd., thus, tinged with commercial transactions. Tribunal held that\u00a0 the assessee is\u00a0 not a mutual concern and income of assessee was not tainted with mutuality and therefore chargeable to tax as business income. (AY. 2001-02 to 2003-04, 2006-07, 2008-09 to 2010-11 and 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business income-Charge of income-tax\u2013Mutuality\u2013 Commercial concern\u2013Principle of mutuality is not applicable-Income is chargeable as business income.  [S. 4]<\/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-8997","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2l7","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8997","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=8997"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8997\/revisions"}],"predecessor-version":[{"id":19474,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8997\/revisions\/19474"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}