{"id":39082,"date":"2024-02-12T14:06:57","date_gmt":"2024-02-12T08:36:57","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-it-v-nokia-solutions-and-networks-oy-2023455-itr-157-147-taxmann-com-165-delhihc\/"},"modified":"2024-02-12T14:06:57","modified_gmt":"2024-02-12T08:36:57","slug":"cit-it-v-nokia-solutions-and-networks-oy-2023455-itr-157-147-taxmann-com-165-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-it-v-nokia-solutions-and-networks-oy-2023455-itr-157-147-taxmann-com-165-delhihc\/","title":{"rendered":"CIT (IT) v. Nokia Solutions and Networks Oy (2023)455 ITR 157\/147 taxmann.com 165 (Delhi)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that\u00a0 the Tribunal had returned a finding of fact, that the assessee recorded a \u201cglobal net loss\u201d in the relevant assessment year, and therefore no profit could have possibly been attributed to it. Hence, there could be no assessment. Order of Tribunal is affirmed. (AY.2008-09 to 2011-12, 2013-14 to 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Permanent establishment-Global net loss-DTAA-India-Finland [Art. 7] <\/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-39082","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aam","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39082","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=39082"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39082\/revisions"}],"predecessor-version":[{"id":39083,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39082\/revisions\/39083"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}