AAR held that the expression \u201ca transaction\u201d appearing in section\u00a0245N(a)\u00a0of\u00a0 Act,\u00a0 would include more than one transaction. However, the application must be in respect of a related set of transactions. If the facts are not identical and are totally different, such transactions may not be clubbed in one application. Whether the transactions emanate out of the same or related set of activities or contract or are disparate are dependent on the facts and circumstances of each case and the Authority may examine this issue in that context. Payment for offshore supply made outside country in foreign currency . Income did\u00a0 not accrue or\u00a0 arise in India .\u00a0 Employees who had signed contracts not dependent agents. Income from offshore supply of\u00a0 equipment not taxable in India \u2013 DTAA \u2013 India -Japan . AAR has\u00a0 no power to review order.\u00a0 Department not raising objection at time of\u00a0 admission of\u00a0 application .\u00a0 Authority cannot review order of\u00a0 admission.<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 245R : Advance rulings \u2013 Transaction include more than one related transaction – Payment for offshore supply made outside country in foreign currency \u2014 Income did not accrue or arise in India – Employees who had signed contracts not dependent agents \u2014Income from offshore supply of equipment not taxable in India \u2013 DTAA \u2013 India -Japan- No power to review order \u2014 Department not raising objection at time of admission of application \u2014 Authority cannot review order of admission. [ S . 9(1)(1), 245N(a), General Clauses Act, 1897, S. 13, ITRule , 44E(4), Art, 5 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-17507","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4yn","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=17507"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17507\/revisions"}],"predecessor-version":[{"id":17508,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17507\/revisions\/17508"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}