order for supply of 6000 MT of rice to a buyer in Qatar. To facilitate the transaction, a Letter of Credit was opened ... India, Karnal Branch sent the Proforma of the Performance Guarantee to Qatar National Bank, Doha. It appears that a communication (MT 799) dated
directing the A.O. to exclude the profits from Oman Branch
and Qatar Branch for tax purposes in India, holding that as the assessee ... been carrying on business through a permanent Establishment in Oman and
Qatar and as the income from the aforesaid Branch in Oman and Qatar
Jurisdictional High Court
in the case of CIT vs Qatar Airways reported in 332 ITR 253 (Bom), the
same decision was rendered. The facts
Unloading MMBTU Price Booking LC
Date USD/ Date* Required
MMBTU
Ras Laffan, Qatar RasGas AI Thakhira 11/5/2008 ... 2008 3,346,090.00 13,2500 4/11/2008 Y
Ras Laffan, Qatar RasGas
basis of the price
from a market economy third country. Qatar was considered by
the Designated Authority to be an appropriate market economy
third country ... Rules, the Designated Authority could
not have taken Qatar as a surrogate country for
China as this determination did not fulfil the criteria
directing the A.O. to exclude the profits from Oman Branch
and Qatar Branch for tax purposes in India, holding that as the assessee ... been carrying on business through a permanent Establishment in Oman and
Qatar and as the income from the aforesaid Branch in Oman and Qatar
include following entities:
(i) M/s ABC Project W.L.L- Doha Qatar,
(ii) M/s ABC Impex Africa Ltd- Kampala Uganda ... three
companies namely M/s ABC Project W.L.L- Doha Qatar, M/s
.
ITA No.404 & others/Coch/2024
Page
include following entities:
(i) M/s ABC Project W.L.L- Doha Qatar,
(ii) M/s ABC Impex Africa Ltd- Kampala Uganda ... three
companies namely M/s ABC Project W.L.L- Doha Qatar, M/s
.
ITA No.404 & others/Coch/2024
Page
include following entities:
(i) M/s ABC Project W.L.L- Doha Qatar,
(ii) M/s ABC Impex Africa Ltd- Kampala Uganda ... three
companies namely M/s ABC Project W.L.L- Doha Qatar, M/s
.
ITA No.404 & others/Coch/2024
Page
include following entities:
(i) M/s ABC Project W.L.L- Doha Qatar,
(ii) M/s ABC Impex Africa Ltd- Kampala Uganda ... three
companies namely M/s ABC Project W.L.L- Doha Qatar, M/s
.
ITA No.404 & others/Coch/2024
Page
