BNP Paribas v. ACIT

149 Taxmann.com 56Income Tax Appellate Tribunal2023#7841 most cited
14

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2025 to 2025.

Sections most often in play

Section 40(a)(i)Section 44CSection 270ASection 37Section 115JBSection 5(2)Section 9(1)(vii)Section 115A

Issues it is cited on

section 9(1)(v)section 44csection 92ca(3a)use of equipmentsection 33acsection 92c(1)section 28(iv)section 9(1)(i)interest under section 234csection 5(2)transfer pricing ordersection 115a

Judgments citing BNP Paribas v. ACIT

ACIT(IT)-3(2)(2),MUMBAI, MUMBAI vs. MUNCHENER RUCKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUNCHEN, MUMBAI

Accordingly, the grounds raised by the assessee are allowed

ITA 5094/MUM/2024[2020-21]Status: DisposedITAT Mumbai15 Apr 2025AY 2020-21

Bench: Shri Amit Shukla, Jm & Ms Padmavathy S, Am

For Appellant: Shri P. J. Pardiwala / Jeet Kamdar
Section 37Section 40Section 44CSection 9(1)(vii)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JM & MS PADMAVATHY S, AM I.T.A. No. 4832/Mum/2024 (Assessment Year: 2021-22) I.T.A. No. 4833/Mum/2024 (Assessment Year: 2021-22) Munchener Ruckversicherungs- DCIT(IT)-3(2)(2), Room No. 903, 9th Floor, Gesellschaft Aktiengesellschaft in 16th Floor, Air India Building, Munchen, Unit 1501, The Capital, Plot No. Vs. Nariman Point, C-70, G Block, Bandra Kurla Mumbai-400021. Complex, Mumbai-400051. PAN: AAFCM7537A Appellant) : Respondent) I.T.A. No. 5094/Mum/2024 (Assessment Year: 2020-21) I.T.A. No. 5093/Mum/2024 (Assessment Year: 2021-22)…

ACIT(IT)-3(2)(2) MUMBAI, MUMBAI vs. MUNCHENER RUCKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUNCHEN, MUMBAI

Accordingly, the grounds raised by the assessee are allowed

ITA 5093/MUM/2024[2021-22]Status: DisposedITAT Mumbai15 Apr 2025AY 2021-22

Bench: Shri Amit Shukla, Jm & Ms Padmavathy S, Am

For Appellant: Shri P. J. Pardiwala / Jeet Kamdar
Section 37Section 40Section 44CSection 9(1)(vii)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JM & MS PADMAVATHY S, AM I.T.A. No. 4832/Mum/2024 (Assessment Year: 2021-22) I.T.A. No. 4833/Mum/2024 (Assessment Year: 2021-22) Munchener Ruckversicherungs- DCIT(IT)-3(2)(2), Room No. 903, 9th Floor, Gesellschaft Aktiengesellschaft in 16th Floor, Air India Building, Munchen, Unit 1501, The Capital, Plot No. Vs. Nariman Point, C-70, G Block, Bandra Kurla Mumbai-400021. Complex, Mumbai-400051. PAN: AAFCM7537A Appellant) : Respondent) I.T.A. No. 5094/Mum/2024 (Assessment Year: 2020-21) I.T.A. No. 5093/Mum/2024 (Assessment Year: 2021-22)…

MUNCHENER RUCKVERSICHERUNGS-GESELLSCHAFT AKTIENGESELLSCHAFT IN MUNCHEN,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (IT)-3(2)(2), MUMBAI

Accordingly, the grounds raised by the assessee are allowed

ITA 4833/MUM/2024[2021-22]Status: DisposedITAT Mumbai15 Apr 2025AY 2021-22

Bench: Shri Amit Shukla, Jm & Ms Padmavathy S, Am

For Appellant: Shri P. J. Pardiwala / Jeet Kamdar
Section 37Section 40Section 44CSection 9(1)(vii)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JM & MS PADMAVATHY S, AM I.T.A. No. 4832/Mum/2024 (Assessment Year: 2021-22) I.T.A. No. 4833/Mum/2024 (Assessment Year: 2021-22) Munchener Ruckversicherungs- DCIT(IT)-3(2)(2), Room No. 903, 9th Floor, Gesellschaft Aktiengesellschaft in 16th Floor, Air India Building, Munchen, Unit 1501, The Capital, Plot No. Vs. Nariman Point, C-70, G Block, Bandra Kurla Mumbai-400021. Complex, Mumbai-400051. PAN: AAFCM7537A Appellant) : Respondent) I.T.A. No. 5094/Mum/2024 (Assessment Year: 2020-21) I.T.A. No. 5093/Mum/2024 (Assessment Year: 2021-22)…

MUNCHENER RUCKVERSICHERUNGS -GESELLSCHAFT AKTIENGESELLSCHAFT IN MUNCHEN ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (IT)-3(2)(2), MUMBAI

Accordingly, the grounds raised by the assessee are allowed

ITA 4832/MUM/2024[2021-22]Status: DisposedITAT Mumbai15 Apr 2025AY 2021-22

Bench: Shri Amit Shukla, Jm & Ms Padmavathy S, Am

For Appellant: Shri P. J. Pardiwala / Jeet Kamdar
Section 37Section 40Section 44CSection 9(1)(vii)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JM & MS PADMAVATHY S, AM I.T.A. No. 4832/Mum/2024 (Assessment Year: 2021-22) I.T.A. No. 4833/Mum/2024 (Assessment Year: 2021-22) Munchener Ruckversicherungs- DCIT(IT)-3(2)(2), Room No. 903, 9th Floor, Gesellschaft Aktiengesellschaft in 16th Floor, Air India Building, Munchen, Unit 1501, The Capital, Plot No. Vs. Nariman Point, C-70, G Block, Bandra Kurla Mumbai-400021. Complex, Mumbai-400051. PAN: AAFCM7537A Appellant) : Respondent) I.T.A. No. 5094/Mum/2024 (Assessment Year: 2020-21) I.T.A. No. 5093/Mum/2024 (Assessment Year: 2021-22)…

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,MUMBAI vs. THE DY-CIT (INT. TAXATION)-2(1)(1), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 749/MUM/2022[2017-18]Status: DisposedITAT Mumbai20 Mar 2025AY 2017-18

Bench: Smt Beena Pillai, Jm & Ms Padmavathy S, Am I.T. (Tp) A. No. 1479/Mum/2015 (Assessment Year: 2010-11) Credit Agricole Corporate & Dcit (International Taxation)- Investment Bank (Formerly 2(1)(1), 1St Floor, Room No. 136, Known As ‘Calyon Bank’) Vs. 11Th Floor, Hoechst House, Scindia House, N.M. Marg, Nariman Point, Mumbai-400021. Ballard Pier, Mumbai-400038. Pan: Aaccc3872B Appellant) : Respondent)

Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SMT BEENA PILLAI, JM & MS PADMAVATHY S, AM I.T. (TP) A. No. 1479/Mum/2015 (Assessment Year: 2010-11) Credit Agricole Corporate and DCIT (International Taxation)- Investment Bank (Formerly 2(1)(1), 1st Floor, Room No. 136, known as ‘Calyon Bank’) Vs. 11th Floor, Hoechst House, Scindia House, N.M. Marg, Nariman Point, Mumbai-400021. Ballard Pier, Mumbai-400038. PAN: AACCC3872B Appellant) : Respondent) I.T.A. No. 1839/Mum/2015 (Assessment Year: 2010-11) ADIT (International Taxation)- Credit Agricole Corporate and 1(2), Investment Bank, Room No. 119, 1st F…

CREDIT AGRICOLE CORPORATE & INVESTMENT BANK,MUMBAI vs. THE DY.CIT OF INCOME TAX (INTERNATIONSL TAXATION) -2(1) (1) , MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 1234/MUM/2022[2018-19]Status: DisposedITAT Mumbai20 Mar 2025AY 2018-19

Bench: Smt Beena Pillai, Jm & Ms Padmavathy S, Am I.T. (Tp) A. No. 1479/Mum/2015 (Assessment Year: 2010-11) Credit Agricole Corporate & Dcit (International Taxation)- Investment Bank (Formerly 2(1)(1), 1St Floor, Room No. 136, Known As ‘Calyon Bank’) Vs. 11Th Floor, Hoechst House, Scindia House, N.M. Marg, Nariman Point, Mumbai-400021. Ballard Pier, Mumbai-400038. Pan: Aaccc3872B Appellant) : Respondent)

Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SMT BEENA PILLAI, JM & MS PADMAVATHY S, AM I.T. (TP) A. No. 1479/Mum/2015 (Assessment Year: 2010-11) Credit Agricole Corporate and DCIT (International Taxation)- Investment Bank (Formerly 2(1)(1), 1st Floor, Room No. 136, known as ‘Calyon Bank’) Vs. 11th Floor, Hoechst House, Scindia House, N.M. Marg, Nariman Point, Mumbai-400021. Ballard Pier, Mumbai-400038. PAN: AACCC3872B Appellant) : Respondent) I.T.A. No. 1839/Mum/2015 (Assessment Year: 2010-11) ADIT (International Taxation)- Credit Agricole Corporate and 1(2), Investment Bank, Room No. 119, 1st F…

CREDIT AGRICOLE CORPORATE & INVESTMENT BANK,MUMBAI vs. THE JT CIT (INTERNATIONAL TAXATIONA), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 1027/MUM/2021[2016-17]Status: DisposedITAT Mumbai20 Mar 2025AY 2016-17
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM & MS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as 'Calyon Bank')\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\n:\nRespondent)\nΙ.Τ.Α. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floor…

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,MUMBAI vs. ACIT (IT) 2 (1)(1), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 458/MUM/2019[2014-15]Status: DisposedITAT Mumbai20 Mar 2025AY 2014-15
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM &\nMS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as 'Calyon Bank')\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\nRespondent)\nΙ.Τ.Α. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floor,\…

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,MUMBAI vs. DCIT (IT) 2(1)(1), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 4652/MUM/2017[2013-14]Status: DisposedITAT Mumbai20 Mar 2025AY 2013-14
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM &\nMS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as ‘Calyon Bank')\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\n: Respondent)\nI.T.A. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floor…

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,MUMBAI vs. DCIT (IT) 2(1)(1), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 2313/MUM/2017[2012-13]Status: DisposedITAT Mumbai20 Mar 2025AY 2012-13
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM &\nMS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as ‘Calyon Bank’)\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\n:\nRespondent)\nΙ.Τ.Α. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floo…

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,MUMBAI vs. DCIT (IT) 2(1)(1), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 1273/MUM/2016[2011-12]Status: DisposedITAT Mumbai20 Mar 2025AY 2011-12
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM &\nMS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as 'Calyon Bank')\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\nRespondent)\nΙ.Τ.Α. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floor,\…

DCIT (IT) 2(1)(1), MUMBAI vs. CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 1165/MUM/2016[2011-12]Status: DisposedITAT Mumbai20 Mar 2025AY 2011-12
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM &\nMS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as 'Calyon Bank')\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\n: Respondent)\nΙ.Τ.Α. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floor…

ADIT (IT) 1(2), MUMBAI vs. CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 1839/MUM/2015[2010-11]Status: DisposedITAT Mumbai20 Mar 2025AY 2010-11

Bench: Smt Beena Pillai, Jm & Ms Padmavathy S, Am I.T. (Tp) A. No. 1479/Mum/2015 (Assessment Year: 2010-11) Credit Agricole Corporate & Dcit (International Taxation)- Investment Bank (Formerly 2(1)(1), 1St Floor, Room No. 136, Known As ‘Calyon Bank’) Vs. 11Th Floor, Hoechst House, Scindia House, N.M. Marg, Nariman Point, Mumbai-400021. Ballard Pier, Mumbai-400038. Pan: Aaccc3872B Appellant) : Respondent)

Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SMT BEENA PILLAI, JM & MS PADMAVATHY S, AM I.T. (TP) A. No. 1479/Mum/2015 (Assessment Year: 2010-11) Credit Agricole Corporate and DCIT (International Taxation)- Investment Bank (Formerly 2(1)(1), 1st Floor, Room No. 136, known as ‘Calyon Bank’) Vs. 11th Floor, Hoechst House, Scindia House, N.M. Marg, Nariman Point, Mumbai-400021. Ballard Pier, Mumbai-400038. PAN: AACCC3872B Appellant) : Respondent) I.T.A. No. 1839/Mum/2015 (Assessment Year: 2010-11) ADIT (International Taxation)- Credit Agricole Corporate and 1(2), Investment Bank, Room No. 119, 1st F…

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,MUMBAI vs. DCIT (IT) 2(1)(1), MUMBAI

Accordingly these grounds are dismissed as not pressed

ITA 1479/MUM/2015[2010-11]Status: DisposedITAT Mumbai20 Mar 2025AY 2010-11
Section 143(3)

…{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL\n“I” BENCH, MUMBAI\nBEFORE SMT BEENA PILLAI, JM &\nMS PADMAVATHY S, AM\nI.T. (TP) A. No. 1479/Mum/2015\n(Assessment Year: 2010-11)\nCredit Agricole Corporate and\nInvestment Bank (Formerly\nknown as ‘Calyon Bank’)\n11th Floor, Hoechst House,\nNariman Point, Mumbai-400021.\nPAN: AACCC3872B\nVs.\nDCIT (International Taxation)-\n2(1)(1),\n1st Floor, Room No. 136,\nScindia House, N.M. Marg,\nBallard Pier, Mumbai-400038.\nAppellant)\nRespondent)\nI.T.A. No. 1839/Mum/2015\n(Assessment Year: 2010-11)\nADIT (International Taxation)-\n1(2),\nRoom No. 119, 1st Floor,\…