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Deputy Director Of Income-Tax, ... vs Set Sattellite (Singapore) (Pte.) Ltd. on 20 April, 2007

2.7. That on the facts and circumstances of the case and in law, the Ld. AO has erred in disregarding the decision of Hon'ble Bombay High Court in the case of MSM Satellite (Singapore) Pte Ltd [2019] 265 Taxmann 376 (Bom) and the decisions of Hon'ble Mumbai Bench of ITAT in the case of Dy. CIT v. Set India (P.) Ltd. (IT Appeal No. 4372 (Mum.)
Income Tax Appellate Tribunal - Mumbai Cites 23 - Cited by 9 - Full Document

M/S Dit (International Taxation), ... vs M/S Morgan Stanley & Co. Inc on 9 July, 2007

3.3. Without prejudice to the above, that on the facts and circumstances of the case and in law, the Ld. AO has grossly erred in not considering binding circulars issued by CBDT and in not following judicial pronouncements by the Indian courts including that of Hon'ble SC in the case of DIT (International Taxation), Mumbai v. Morgan Stanley and Co. Inc. (292 ITR 416) (SC) wherein it was held that where a PE has been remunerated at an arm's length, no further attribution of profits can be done for such PE:
Supreme Court of India Cites 25 - Cited by 153 - Full Document
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