S. 10(37) : Capital gains-Agricultural land-With in specified urban limits-Interest received on enhanced compensation-Eligible for exemption. [Land Acquisition Act, 1894, S.28 ]
Lakshmamma (Smt.) v. ITO (2020) 182 ITD 408 (Bang.)(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)(vii) : Income deemed to accrue or arise in India-Business profits-Royalty-Fees for technical services-Absence of permanent establishment-Technical services fees cannot be taxed in India-DTAA-India-Philippines. [S. 9(i)(i), Art . 7]
Paramina Earth Technologies Inc. v. DCIT (IT) (2020) 182 ITD 45 (Vishakha)(Trib.)S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Master service agreement (MSA)-Information technology support-Payments for said services could not be assessed as fees for Technical services-DTAA-India-Netherland. [S. 9(1)(vii), Art. 12(4), 13]
Shell Information Technology International BV. v. DCIT (2020) 182 ITD 294 (Mum.)(Trib.)S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Charges for web-hosting, cloud hosting and cloud space rentals being utilised for foreign business-Failure to deduct tax at source-Article 7 of the OECD Model Tax Convention-Matter remanded. [S. 9(1)(i), 9(1)(vi), 195]
Edgeverve Systems Ltd. v. ACIT(IT) (2020) 182 ITD 526 (Bang.)(Trib.)S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Transfer of use or right to use computer-Software was inseparable part of imaging equipment’s/MRI machines sold, payment made to foreign AE on purchase of software would not be in nature of royalty-DTAA-India-Belgium. [Art. 12]
Agfa Healthcare NV v. DCIT (IT) (2020) 182 ITD 398 (Mum.)(Trib.)S. 9(1)(v) : Income deemed to accrue or arise in India-Interest-Commercial Convertible Debentures (CCDs)-Transfer pricing-Method of accounting-Interest income can be brought to tax only on satisfying twine conditions of accrual as well as actual receipt-DTAA-India-Mauritius. [S. 4 , 90, 92C, 145, Art, 11(1)]
Gurgaon Investment Ltd. v. DIT(IT) (2020) 182 ITD 424 (Mum.)(Trib.)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Supply of Microwave transmission equipment’s-Sister concern could not be assessed as Permanent Establishment or Agency PE-DTAA-India-Italy. [Art. 5]
Siemens Mobile Communications SPA v. CIT (2020) 182 ITD 479 /208 TTJ 576 (Delhi)(Trib.)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Non-Resident-Contract for development of gas fields-Construction activity continued in India for a period of six months only-No Permanent Establishment in India-DTAA-India-Cyprus. [Art. 5(a)(g)]
Bellsea Ltd. v. DIT (IT) (2020) 182 ITD 420 (Delhi)(Trib.)S. 4 : Charge of income-tax-Hindu undivided family-Capital gain-Individual or HUF-Remanded for fresh decision. [S. 139(5)]
Dr. K.R. Rajashekar Reddy v. DCIT (2020) 182 ITD 121 (Bang.) (Trib.)S. 10AA : Special economic zones – Approval – Medallion – Manufacture of gold jewellery – Entitle for exemption .
PCIT v. Jewels Magnnum ( 2020) 120 taxmann.com 316/ 275 Taxman 134 ( Mad ) (HC) Editorial: Order in Jewels Magnnum v.ACIT ( 2016) 158 ITD 185 ( Chennai) (Trib) is affirmed .