Assessee had settled this dispute with department under VSV scheme, impugned appeal filed by revenue against order of High Court is dismissed as infructuous. (AY. 2000-01 to 2004-05)
ADIT (IT) v. Rolls Royce Singapore (P.) Ltd (2023) 332 CTR 733/152 taxmann.com 502 (SC) Editorial : Rolls Royce Singapore (P.) Ltd v. ADIT (IT)(2011) 64 DTR 95 (Delhi)(HC)
S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Supply of equipment-DTAA-India-Singapore-Issue settled under VSV Scheme-Appeals have became infructuous-Appeal is dismissed. [S. 92, Art. 5, Art. 136]