that Clause 17.1 of the purchase order, which is
titled 'Assignment, Subcontracting', permits the buyer, viz., the plaintiff
company, to assign or reassign
computed by applying a net profit rate of 8%
after allowing Subcontracts, materials supplied, deductions
such as Seignarage, Labour cess, VAT etc., depreciation,
Interest ... Assessee further submit that there is no margin derived
from to Subcontract works assigned. The Sub contract
agreements were also submitted before you for verification
time.
24
ITA Nos.1479 & 691/Del/2016
Subsidiary may subcontract with third parties to perform some or
all of such work upon MSFT ... such developments shall be and are
hereby transferred, sold, conveyed and assigned to MSFT. To
25
ITA Nos.1479 & 691/Del/2016
the maximum
India) and
onsite (i.e. at clients location). For onsite assignments
of petitioner, the development of software is usually
sub-contracted to the respective group ... customers. The overseas
subsidiaries to whom the onsite work is subcontracted
by the petitioner are tax residents of USA, Germany,
Netherlands, UK, Singapore and China
Google India Private Limited, ... vs The Deputy Commissioner Of Income Tax ... on 11 May, 2018
M/S.Us Technology Resources P. Ltd, ... vs The Dcit, Trivandrum on 23 May, 2018
Zuberi Engineering Company, Jaipur vs Deputy Commissioner Of Income Tax, ... on 21 December, 2018
vk
M/S Sumeet Research And Holdings Pvt. ... vs M/S Sipra Appliances on 14 September
Pipavav Energy Pvt Ltd vs Madhavi Procon Pvt Ltd on 21 December, 2018
Equivalent citations
Ddit, New Delhi vs M/S. Western Union Financial Services ... on 28 September, 2018
ITA