Commissioner Of Income Tax International Taxation-3 v. The Bank Of Tokyo Mitsubishi Ufj Ltd
High Court
15 May 2018 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
Commissioner Of Income Tax International Taxation-3 v. The Bank Of Tokyo Mitsubishi Ufj Ltd
Date of order
15 May 2018
Assessment year(s)
2007-08
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Commissioner Of Income Tax International Taxation-3 v. The Bank Of Tokyo Mitsubishi Ufj Ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed along with the pending applications.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
$~64
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ITA 578/2018 & CM APPL. 19992-19993/2018
COMMISSIONER OF INCOME TAX INTERNATIONAL TAXATION-3
..... Appellant Through Mr. Asheesh Jain, Sr. Standing Counsel with Mr. Shahrukh Ejaz, Adv. versus
THE BANK OF TOKYO MITSUBISHI UFJ LTD ..... Respondent
Through Mr. Tarun Gulati and Mr. Sparsh Bhargava, Advs.
CORAM:
HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA
O R D E R
%
15.05.2018
The issues pressed by the Revenue with respect to bringing to tax salary paid to expatriate employees and the applicability of Section 115JB of the Income Tax Act, 1961 to the respondent-assessee, are covered by previous common order of this Court for AY 2007-08 and 2008-09 in respect of the same assessee [Principal Commissioner of Income Tax (Central-1) vs.The Bank of Tokyo Mitsubishi UFJ Ltd.].
No substantial question of law arises. The appeal is dismissed along with the pending applications.
S. RAVINDRA BHAT, J
MAY 15, 2018 rc
A. K. CHAWLA, J
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