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Adobe Systems Software Ireland Ltd., ... vs Adit, New Delhi on 9 May, 2018

• Without prejudice to the above, of any additional profits are required to be attributed, the same may be done in the hands of Adobe India > Without prejudice to the above, if the tax authorities were to attribute any income in respect of the alleged functions performed by the alleged PE of Adobe Ireland, it may be made to the income of Adobe India. The aforesaid approach has been accepted by the Hon'ble Delhi High Court in the case of Adobe Systems Inc. v. ADIT (supra) (please refer to pages 364 to 394 of the case law compilation).
Income Tax Appellate Tribunal - Delhi Cites 24 - Cited by 6 - Full Document

Motorola Solutions Inc., Gurgaon vs Dcit, Circle- Gurgaon, International ... on 4 October, 2019

❖ It maybe noted that the Delhi ITAT in the case of Motorola Inc. v. DCIT [2005] 95 ITD 269 (Delhi) (Special Bench), had followed a similar methodology wherein the global net profit percentage was applied to the Indian sales and the resulting figure was further multiplied by 20% to 18 ITA No.5027/Del/2017 & Ors. determine the attributable profits to the Indian PE. This Methodology has been approved by this Hon'ble Tribunal in the case of Ricardo UK Limited \ITA 4.QOQ/Del-2Qi8.
Income Tax Appellate Tribunal - Delhi Cites 0 - Cited by 37 - Full Document
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