Edenred Pte. Ltd. v. Deputy Director of Income Tax (International

ASSISTANT COMMISSIONER OF INCOME TAX (I.T) -3(2)(2), MUMBAI, MUMBAI vs. M/S. MOTT MACDONALD LIMITED, MUMBAI

In the result all appeals filed by the revenue stands dismissed

Bench: Smt. Beena Pillai () & Ms. Padmavathy S ()

…0) 326 ITR 477 • Advanced Authority Ruling in case of Ernst & Young (P) Ltd. Reported in 2010) 189 Taxman 409 • Decision of Hon’ble Mumbai Tribunal in case of Edenred Pte. Ltd. v. Deputy Director of Income Tax (International taxation), 3(2) reported in (2020) 118 Taxmann.com 2 • Decision of Hon’ble Delhi Tribunal in case of CPP Assistance Services (P.) Ltd v. Commissioner of Income-tax (Appeal) NFAC, New Delhi reported in (2023) 147 taxmann.com 484 • Decision of Hon’ble Delhi Tribunal in case of N.M. Rothchild & Sons Ltd. v. Deputy Commissioner of Income-tax, (International Taxation) reported in (2023) 152 taxman…

ASSISTANT COMMISSIONER OF INCOME TAX (I.T) -3(2)(2), MUMBAI, MUMBAI vs. M/S. MOTT MACDONALD LIMITED, MUMBAI

In the result all appeals filed by the revenue stands dismissed

Bench: Smt. Beena Pillai () & Ms. Padmavathy S ()

…0) 326 ITR 477 • Advanced Authority Ruling in case of Ernst & Young (P) Ltd. Reported in 2010) 189 Taxman 409 • Decision of Hon’ble Mumbai Tribunal in case of Edenred Pte. Ltd. v. Deputy Director of Income Tax (International taxation), 3(2) reported in (2020) 118 Taxmann.com 2 • Decision of Hon’ble Delhi Tribunal in case of CPP Assistance Services (P.) Ltd v. Commissioner of Income-tax (Appeal) NFAC, New Delhi reported in (2023) 147 taxmann.com 484 • Decision of Hon’ble Delhi Tribunal in case of N.M. Rothchild & Sons Ltd. v. Deputy Commissioner of Income-tax, (International Taxation) reported in (2023) 152 taxman…

ASSISTANT COMMISSIONER OF INCOME TAX (I.T) -3(2)(2), MUMBAI, MUMBAI vs. M/S. MOTT MACDONALD LIMITED, MUMBAI

In the result all appeals filed by the revenue stands dismissed

Bench: Smt. Beena Pillai () & Ms. Padmavathy S ()

…0) 326 ITR 477 • Advanced Authority Ruling in case of Ernst & Young (P) Ltd. Reported in 2010) 189 Taxman 409 • Decision of Hon’ble Mumbai Tribunal in case of Edenred Pte. Ltd. v. Deputy Director of Income Tax (International taxation), 3(2) reported in (2020) 118 Taxmann.com 2 • Decision of Hon’ble Delhi Tribunal in case of CPP Assistance Services (P.) Ltd v. Commissioner of Income-tax (Appeal) NFAC, New Delhi reported in (2023) 147 taxmann.com 484 • Decision of Hon’ble Delhi Tribunal in case of N.M. Rothchild & Sons Ltd. v. Deputy Commissioner of Income-tax, (International Taxation) reported in (2023) 152 taxman…

ASSISTANT COMMISSIONER OF INCOME TAX (I.T) -3(2)(2), MUMBAI, MUMBAI vs. M/S. MOTT MACDONALD LIMITED, MUMBAI

In the result all appeals filed by the revenue stands dismissed

Bench: Smt. Beena Pillai () & Ms. Padmavathy S ()

…0) 326 ITR 477 • Advanced Authority Ruling in case of Ernst & Young (P) Ltd. Reported in 2010) 189 Taxman 409 • Decision of Hon’ble Mumbai Tribunal in case of Edenred Pte. Ltd. v. Deputy Director of Income Tax (International taxation), 3(2) reported in (2020) 118 Taxmann.com 2 • Decision of Hon’ble Delhi Tribunal in case of CPP Assistance Services (P.) Ltd v. Commissioner of Income-tax (Appeal) NFAC, New Delhi reported in (2023) 147 taxmann.com 484 • Decision of Hon’ble Delhi Tribunal in case of N.M. Rothchild & Sons Ltd. v. Deputy Commissioner of Income-tax, (International Taxation) reported in (2023) 152 taxman…

DCIT (INTERNATIONAL TAXATION)-3(2)(2), MUMBAI vs. M/S. MOTT MACDONALD LIMITED , MUMBAI

In the result all appeals filed by the revenue stands dismissed

Bench: Smt. Beena Pillai () & Ms. Padmavathy S ()

…0) 326 ITR 477 • Advanced Authority Ruling in case of Ernst & Young (P) Ltd. Reported in 2010) 189 Taxman 409 • Decision of Hon’ble Mumbai Tribunal in case of Edenred Pte. Ltd. v. Deputy Director of Income Tax (International taxation), 3(2) reported in (2020) 118 Taxmann.com 2 • Decision of Hon’ble Delhi Tribunal in case of CPP Assistance Services (P.) Ltd v. Commissioner of Income-tax (Appeal) NFAC, New Delhi reported in (2023) 147 taxmann.com 484 • Decision of Hon’ble Delhi Tribunal in case of N.M. Rothchild & Sons Ltd. v. Deputy Commissioner of Income-tax, (International Taxation) reported in (2023) 152 taxman…

DCIT (INTERNATIONAL TAXATION) 3(2)(2), MUMBAI vs. M/S. MOTT MACDONALD LIMITED., MUMBAI

In the result all appeals filed by the revenue stands dismissed

Bench: Smt. Beena Pillai () & Ms. Padmavathy S ()

…0) 326 ITR 477 • Advanced Authority Ruling in case of Ernst & Young (P) Ltd. Reported in 2010) 189 Taxman 409 • Decision of Hon’ble Mumbai Tribunal in case of Edenred Pte. Ltd. v. Deputy Director of Income Tax (International taxation), 3(2) reported in (2020) 118 Taxmann.com 2 • Decision of Hon’ble Delhi Tribunal in case of CPP Assistance Services (P.) Ltd v. Commissioner of Income-tax (Appeal) NFAC, New Delhi reported in (2023) 147 taxmann.com 484 • Decision of Hon’ble Delhi Tribunal in case of N.M. Rothchild & Sons Ltd. v. Deputy Commissioner of Income-tax, (International Taxation) reported in (2023) 152 taxman…

DCIT(IT)-3(1)(1), MUMBAI, MUMBAI vs. JEFFERIES INTERNATIONAL LTD, MUMBAI

Accordingly, the grounds raised by the assessee are allowed

Bench: Shri Saktijit Dey, Vp & Ms. Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP AND MS. PADMAVATHY S, AM ITA No.1775/Mum/2024 (Assessment Year: 2019-20) ITA No.2342/Mum/2024 (Assessment Year: 2020-21) Dy. CIT (IT)-3(1)(2) Jefferies International Ltd. Room No. 1628, 16th Floor, C/o. Ernest and Young LLP, 14th Floor, The Ruby 29, Air India Building, Nariman Point, Vs. Mumbai-400 028 Senapati Bapat Marg, Dadar (W), Mumbai-400 028 PAN/GIR No. AABCJ 7041 C (Revenue) : (Assessee) C.O. Nos. 100 & 101/Mum/2024 (Arising out of ITA Nos.1774 & 1775/Mum/2024) (Assessment Years: 2018-19 & 2019-20) C.O. Nos. 102 & 103/Mu…

DCIT(IT)-3(1)(1), MUMBAI, MUMBAI vs. JEFFERIES INTERNATIONAL LTD, MUMBAI

Accordingly, the grounds raised by the assessee are allowed

Bench: Shri Saktijit Dey, Vp & Ms. Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP AND MS. PADMAVATHY S, AM ITA No.1775/Mum/2024 (Assessment Year: 2019-20) ITA No.2342/Mum/2024 (Assessment Year: 2020-21) Dy. CIT (IT)-3(1)(2) Jefferies International Ltd. Room No. 1628, 16th Floor, C/o. Ernest and Young LLP, 14th Floor, The Ruby 29, Air India Building, Nariman Point, Vs. Mumbai-400 028 Senapati Bapat Marg, Dadar (W), Mumbai-400 028 PAN/GIR No. AABCJ 7041 C (Revenue) : (Assessee) C.O. Nos. 100 & 101/Mum/2024 (Arising out of ITA Nos.1774 & 1775/Mum/2024) (Assessment Years: 2018-19 & 2019-20) C.O. Nos. 102 & 103/Mu…

DEPUTY COMMISSIONER OF INCOME TAX(IT)-3(1)(2), MUMBAI, MUMBAI vs. JEFFERIES INTERNATIONAL LTD, MUMBAI

Accordingly, the grounds raised by the assessee are allowed

Bench: Shri Saktijit Dey, Vp & Ms. Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP AND MS. PADMAVATHY S, AM ITA No.1775/Mum/2024 (Assessment Year: 2019-20) ITA No.2342/Mum/2024 (Assessment Year: 2020-21) Dy. CIT (IT)-3(1)(2) Jefferies International Ltd. Room No. 1628, 16th Floor, C/o. Ernest and Young LLP, 14th Floor, The Ruby 29, Air India Building, Nariman Point, Vs. Mumbai-400 028 Senapati Bapat Marg, Dadar (W), Mumbai-400 028 PAN/GIR No. AABCJ 7041 C (Revenue) : (Assessee) C.O. Nos. 100 & 101/Mum/2024 (Arising out of ITA Nos.1774 & 1775/Mum/2024) (Assessment Years: 2018-19 & 2019-20) C.O. Nos. 102 & 103/Mu…

DEPUTY COMMISSIONER OF INCOME TAX(IT)-3(1)(2), MUMBAI, MUMBAI vs. JEFFERIES INTERNATIONAL LTD, MUMBAI

Accordingly, the grounds raised by the assessee are allowed

Bench: Shri Saktijit Dey, Vp & Ms. Padmavathy S, Am

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP AND MS. PADMAVATHY S, AM ITA No.1775/Mum/2024 (Assessment Year: 2019-20) ITA No.2342/Mum/2024 (Assessment Year: 2020-21) Dy. CIT (IT)-3(1)(2) Jefferies International Ltd. Room No. 1628, 16th Floor, C/o. Ernest and Young LLP, 14th Floor, The Ruby 29, Air India Building, Nariman Point, Vs. Mumbai-400 028 Senapati Bapat Marg, Dadar (W), Mumbai-400 028 PAN/GIR No. AABCJ 7041 C (Revenue) : (Assessee) C.O. Nos. 100 & 101/Mum/2024 (Arising out of ITA Nos.1774 & 1775/Mum/2024) (Assessment Years: 2018-19 & 2019-20) C.O. Nos. 102 & 103/Mu…

DCIT, MUMBAI vs. JEFFERIES LLC , MUMBAI

…2 ITA Nos 1023 to 1026 /Mum/2024 Jafferies LLC Date of hearing : 27/06/2024 Date of pronouncement : 28/06/2024 ORDER PER BENCH: Instant appeals of the revenue and Cross Objections by the assessee are preferred against the common order of theLearned Commissioner of Income-tax (Appeal)-57, Mumbai [for brevity, ‘Ld.CIT(A)'] passed under section 250 of the Income-tax Act, 1961 (in short, 'the Act'), for Asst Years2014-15 to 2018-19, date of order 29/12/2023. The impugned orders were emanated from the order of the Id. Assistant Commissioner of Income-tax, (International Taxation) Ward 3(1)(1), Mumbai(in short, 'the A.…

DCIT IT 3.1.1, MUMBAI, MUMBAI vs. JEFFERIES LLC , MUMBAI

…2 ITA Nos 1023 to 1026 /Mum/2024 Jafferies LLC Date of hearing : 27/06/2024 Date of pronouncement : 28/06/2024 ORDER PER BENCH: Instant appeals of the revenue and Cross Objections by the assessee are preferred against the common order of theLearned Commissioner of Income-tax (Appeal)-57, Mumbai [for brevity, ‘Ld.CIT(A)'] passed under section 250 of the Income-tax Act, 1961 (in short, 'the Act'), for Asst Years2014-15 to 2018-19, date of order 29/12/2023. The impugned orders were emanated from the order of the Id. Assistant Commissioner of Income-tax, (International Taxation) Ward 3(1)(1), Mumbai(in short, 'the A.…

JEFFERIES LLC,MUMBAI vs. DCIT(IT)3(1)(1), MUMBAI

In the result, appeal filed by the assessee is partly allowed

Bench: Shri Amit Shukla, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blejefferies Llc V. Dcit (It)-3(1)(1) C/O. Srbc & Associates Llp Room No. 1605, 16Th Floor 14Th Floor, The Ruby Air India Building, Nariman Point Mumbai – 400 021 29 Senapati Bapat Marg Dadar (W), Mumbai – 400028 Pan: Aaccj8881D (Appellant) (Respondent) Jefferies International Limited V. Dcit (It)-3(1)(1) C/O. Srbc & Associates Llp Room No. 1605, 16Th Floor 14Th Floor, The Ruby Air India Building, Nariman Point Mumbai – 400 021 29 Senapati Bapat Marg Dadar (W), Mumbai – 400028 Pan: Aabcj7041C (Appellant) (Respondent)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, HON'BLE JUDICIAL MEMBER AND SHRI S. RIFAUR RAHMAN, HON'BLE ACCOUNTANT MEMBER Jefferies LLC v. DCIT (IT)-3(1)(1) C/o. SRBC & Associates LLP Room No. 1605, 16th Floor 14th Floor, The Ruby Air India Building, Nariman Point Mumbai – 400 021 29 Senapati Bapat Marg Dadar (W), Mumbai – 400028 PAN: AACCJ8881D (Appellant) (Respondent) Jefferies International Limited v. DCIT (IT)-3(1)(1) C/o. SRBC & Associates LLP Room No. 1605, 16th Floor 14th Floor, the Ruby Air India Building, Nariman Point Mumbai – 400 021 29 Senapati Bapat Marg Dadar (W),…