S. 10B: Export oriented undertakings-Senior management salaries had been allocated in ratio of turnover of export-oriented units and other units.
Asst. CIT v. Cosmo Films Ltd. (2023)106 ITR 10 (SN)(Delhi) (Trib)
Digest of case laws
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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-Fees for technical services-Residuary article-Reimbursement of software licence fees-Absence of Permanent Establishment not taxable in India-DTAA-India-United States of America. [S.56 , 115A , art. 7, 12, 23(3) ]
GE Precision Healthcare Llc v. Asst. CIT (IT) (2023)106 ITR 60 (SN.)(2024 ) 228 TTJ 742 / 162 taxmann.com 699 (Delhi)(Trib )S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-No material on record to demonstrate that assessee made available technical knowledge, skill, experience and know-h ow-Commissioner (Appeals) attributing 50 Per Cent. of receipts to consultancy services based on estimate and without any reasonable basis-Addition not sustainable-DTAA-India-UK [ art. 12(3)(b), 13(4) (c ) ]
Wolters Kluwer Financial Services Belgium Nv v. Dy. CIT (IT) (2023) 106 ITR 284 / 155 taxmann.com 628 (Delhi) (Trib)S. 9(1)(vi): Income deemed to accrue or arise in India-Royalty-Providing online technology learning platform on its website-Subscription fee is not consideration for use or right to use any industrial, commercial or scientific equipment-Subscription revenue received is not taxable as royalty–DTAA-India-USA [art. 12(3) ]
Pluralsight LLC v. Dy. CIT (2023)106 ITR 70 (SN)/ 156 taxmann.com 436 (Bang) (Trib)S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Non-Resident-Lease of Helicopter to Indian entity-Royalty income could not be added on notional basis-DTAA-India-United Arab Emirates. [Art. 12]
Aircon Beibars (Fze) v. Dy.(IT) (2023)106 ITR 16 (SN)/ 153 taxmann.com 41 (Delhi) (Trib)S. 9(1)(ii) : Income deemed to accrue or arise in India-Salaries-Employed with Company in India-Sent to China on assignment-Salary paid in India by employer-Salary earned for services in China is not taxable in India-DTAA-India-China. [S. 5(2), Art. 15(1) 23]
Ramesh Kumar Ae v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai ) (Trib) Kalyana Murugan Arumugam v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai )(Trib) Sundarrajan Ventatesan v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai )(Trib) Sriram Prabhu Krishna Moorthy v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai )(Trib)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Non-Resident-Supply of software and automated services-Arm’s length-Attribution of profits-DTAA-India-Ireland . [ S.92C , art.5, 11 ]
Adobe Systems Software Ireland Ltd v. ACIT (IT ) (2023)106 ITR 475 / 150 taxmann.com 437 (Delhi)(Trib)S. 4: Charge of income-tax-Sales tax subsidy-Capital receipt-Depreciation-Actual cost-Sales tax subsidy is not to be reduced from block of assets. [ S. 2(11), 32 ]
Asst. CIT v. Cosmo Films Ltd. (2023)106 ITR 10 (SN)(Delhi) (Trib)S. 2(22)(e): Deemed dividend-Unsecured loan-Current account-Regularly providing funds to group concern-Tax deducted ta source on interest-Cannot be assessed as deemed dividend.
G. G. Continental Trades P. Ltd. v. Dy. CIT (2023)106 ITR 356 / 156 taxmann.com 275 (Amritsar) (Trib) G. G. Oil And Fats P. Ltd. v .Dy. CIT (2023)106 ITR 356 (Amritsar) (Trib)S. 270A : Penalty for under-reporting and misreporting of income-Leave encashment-Bona fide belief about exemption-Mere addition-Levy of penalty is deleted. [S.10(10AA), 80TTB]
Dhansukhlal Maganlal Dhangar v. ITO (2023)105 ITR 51 (SN)/224 TTJ 41 (UO)(SMC) (Surat) (Trib)