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2011 (12) TMI 79 - AAR - Income TaxAdmission of application for advance ruling - Scope of section 44BBB - Offshore Supply Contracts with ASE - the equipments and materials were to be sold outside India and the payments were also made outside India. - No one connected with ASE who was present in India was involved in the activities associated with the offshore supply of such goods. - Held that:- Since the question whether the payment made under the transaction was chargeable to tax under the Act was pending before the authorities under the Act arising out of an assessment against ASE, before the applicant approached this Authority the allowing of this application under Section 245R(2) of the Act is barred. - Application rejected.
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