{"id":27933,"date":"2022-06-30T12:12:31","date_gmt":"2022-06-30T06:42:31","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-marubeni-corporation-japan-mum-trib-www-itatonline-org\/"},"modified":"2022-06-30T12:12:31","modified_gmt":"2022-06-30T06:42:31","slug":"dcit-v-marubeni-corporation-japan-mum-trib-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-marubeni-corporation-japan-mum-trib-www-itatonline-org\/","title":{"rendered":"DCIT v. Marubeni Corporation, Japan ( Mum)( Trib) www.itatonline .org"},"content":{"rendered":"<p>Where the assessee is a company incorporated in, and fiscally domiciled in, the Republic of Japan. The assessee,\u00a0<em>inter alia,<\/em>earned income from interest on suppliers\u2019\u00a0credit. It was held that mere existence of a permanent establishment of the assessee company in India does not attract higher rate of tax. The beneficial rate of tax as per Article 11(2) cannot be denied. ( ITA No.: 10\/Mum\/2022 dated June 17, 2022) \u00a0(Bench \u2018I\u2019 )(AY. 2016 -17)<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 9(1)(i): Income deemed to accrue or arise in India \u2013 Permanent establishment &#8211; Interest will not be taxed at a higher rate- DTAA- India- Japan  . [ Art, 7, 11(2)(11(6), 14  ] <\/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-27933","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7gx","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27933","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=27933"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27933\/revisions"}],"predecessor-version":[{"id":27934,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27933\/revisions\/27934"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}