Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Hindustan Aeronautics Ltd. v. ACIT (2021) 279 Taxman 217 (Karn.)(HC)

S. 254(1) : Appellate Tribunal-Powers-Reassessment order was quashed on grounds being without jurisdiction-Tribunal has no jurisdiction to adjudicate on merits and remanding the same to the Assessing Officer. [S. 35, 148, 260A]

RBS Services India (P.) Ltd. in re (2021) 279 Taxman 480 (AAR)

S. 245R : Advance rulings-Dividend to non-resident shareholders Dividend Distribution Tax (DDT)-DTAA-India-Netherlands. [S. 115-0, 245R(2)]

Fujitsu Services Ltd. In re (2021) 279 Taxman 482 (AAR)

S. 245R : Advance rulings-Whether service charges received by assessee towards provision of GDC HQ related services was liable to be taxed as fee for technical services-Application admitted-DTAA-India-UK. [S. 9(1)(i), 245R(2), Art. 13]

CTCI Corporation, In re (2021) 279 Taxman 483 (AAR)

S. 245R : Advance rulings-Business Income-Off shore supply-No pending proceedings-Amounts received/receivable by applicant from ‘DLTPL’ are liable to tax in India-Application admitted. [S. 9(1)(i), 245R(2)]

Total Gaz Electric Holdings Finance SAS, In re (2021) 279 Taxman 332 (AAR)

S. 245R : Advance rulings-Capital gains-Merger-Application was allowed to be withdrawn.

Philips India Ltd., In re (2021) 279 Taxman 329 (AAR)

S. 245R : Advance rulings-Withholding tax on dividend payable to mon-resident shareholder-Application admitted-DTAA-India-Netherland. [S. 195, 245R(2), Art. 10]

Soregam SA, In re (2021) 279 Taxman 404 (AAR)

S. 245R : Advance rulings-Withdrawal of application-Pendency of appeal before Appellate Tribunal. [S. 245R(2)]

Signify Innovations India Ltd., In re (2021) 436 ITR 274 / 279 Taxman 116 / 203 DTR 390/ 321 CTR 621 (AAR)

S. 245R : Advance rulings-Notice u/s. 143(2)-Beneficial provisions of DTAA for determination of Dividend Distribution Tax (DDT) rate on dividend to non-resident shareholder-Application is admitted-DTAA-India-Netherlands. [S. 90, 115-0, 143(2), 245N, 245Q, 245R(2)]

OC Oerlikon Corporation AG, In re (2021) 436 ITR 186/ 279 Taxman 1 / 199 DTR 39 / 319 CTR 386 (AAR)

S. 245R : Advance rulings-Deduction at source-Payment made to foreign company for acquisition of shares whether liable to deduct tax at source-Application admitted. [S. 9(1)(i), 195, 245R(2)]

G. R. Infraprojects Ltd., In re (2021) 279 Taxman 327 (AAR)

S. 245R : Advance rulings-Delay in disposing the application-Application for withdrawal of application is allowed-Dismissed as withdrawn. [S. 35AD, 245Q(1), 245R(2)]