S. 10(10C) : Public sector companies-Voluntary retirement scheme-Exist option scheme-Failure to produce certificate from the employer-Not entitle to exemption. [R. 2BA]
Krishnan Achary v. ITO (2021) 199 DTR 169 (Cochin)(Trib.)
Digest of case laws
Online digest of latest case laws
This Digest of case laws is prepared by KSA Legal and AIFTP from judgements reported in BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Chamber's Journal, SOT, Taxman, TTJ, BCAJ, ACAJ, www.itatonline.org and other journals
Click here to download the pdf versions of the Digest of case laws S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Distributors-Sold specific software products-Not royalty-No permanent establishment in India-Not taxable in India-DTAA-India-USA [S. 90, Art. 12]
Norton Lifelock Inc. v. DCIT (2021) 210 TTJ 409 / 199 DTR 233 (Pune)(Trib.)S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Purchase of software products In absence of PE in India, software license fee would not be taxable as business profits-DTAA-India-USA [S. 9(1)(i), 9(1)(vii), Art. 12]
Husco International Inc. v. ACIT (2021) 214 TTJ 751 / 207 DTR 457 / (2022) 192 ITD 273 (Pune)(Trib.)S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-Reimbursement of expenses-Not taxable as fees for technical services-DTAA-India-USA. [Art. 12]
Gemological Institute International Inc. v. CIT (2021)214 TTJ 393 / (2022) 192 ITD 83 / 211 DTR 139 (Mum.)(Trib.)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Non-Resident-Receipts from sale of computer software to Indian distributors and end users with ancillary services not taxable in India.
Autodesk Asia Pte Ltd. v. Dy.CIT(IT) (2021) 91 ITR 1 (SN) (Bang.) (Trib.)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Relocation expenses of employees-Profit attributable to PE-Matter remanded-DTAA-India-USA. [S. 90, Art. 7]
Teradata Operations Inc v. Dy. CIT (2021) 209 TTJ 770 / 200 DTR 225 (Delhi)(Trib.)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Relocation expenses of employees-Profit attributable to PE-Matter remanded-DTAA-India-USA. [S. 90, Art. 7]
Teradata Operations Inc v. Dy. CIT (2021) 209 TTJ 770 / 200 DTR 225 (Delhi)(Trib.)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Foreign company-Making supplies from outside India-No income has accrued to it in India-Supervision of installation and had received supervision fee separately which is offered to tax in India-No permanent Establishment in India-Income from supplies not taxable in India-DTAA-India-Japan. [Art. 5, 12(2)]
Sumitomo Corporation v. DCIT (IT) (2021) 213 TTJ 137 (Delhi)(Trib.)S. 4 : Charge of income-tax-Capital or revenue-Subsidy received under incentive scheme of Government Scheme of Maharashtra-Capital receipt. [S. 28(1)]
Hyundai Construction Equipment India (P) Ltd. v. ACIT (2021) 208 DTR 449 /(2022) 215 TTJ 383 (Pune)(Trib.)S. 4 : Charge of income-tax-Option price received from joint ventures for getting right to acquire further shares in joint venture company-Advance towards sale price of shares-Capital receipt [S. 28(i), 45]
Dabur Invest Corp v. JCIT (2021) 210 TTJ 785 / 202 DTR 209 (Delhi)(Trib.)