Monday 17 September 2012

Review Petition allowed & judgement recalled on issue of PE & profit attribution

The judgement in Rolls Royce Singapore Pvt Ltd vs. DCIT is recalled to decide the issue whether (a) ANR, which was the agent of the assessee, could be treated as the "permanent establishment: and (b) what would be the reasonable arms’ length price in the hands of ANR/ PE which can be assesssed in India.

Rolls Royce Singapore Pvt Ltd vs. DCIT (Delhi High Court)

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Pre-GST taxes cannot be refunded if paid pursuant to an inquiry

  This is to update you about an important decision by Tribunal in the case of Filatex India Limited vs. CCE & ST , E A No. 10231 of ...