Orient Overseas Container Line Ltd. v. Addl. Director of Income Tax (International Taxation), Range-4, Mumbai (35 Taxmann.com 342)

DEPUTY COMMISSIONER OF INCOME TAX (IT)-3(1)(2), MUMBAI vs. M/S KOREA MARINE TRANSPORT CO. LTD, MUMBAI

In the result, the appeals filed by the revenue are dismissed

ITA 2861/MUM/2022[2016-2017]Status: DisposedITAT Mumbai17 Mar 2023AY 2016-2017

For Appellant: Shri Sandesh DesaiFor Respondent: Shri Soumendu Kumar Dash (Sr

Section 143(2)Section 143(3)Section 144C(1)Section 44B

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI ABY T. VARKEY, JM AND SHRI AMARJIT SINGH, AM आयकर अपील सं/ I.T.A. Nos. 2861/Mum/2022 (निर्धारण वर्ा / Assessment Year: 2016-17) & आयकर अपील सं/ I.T.A. Nos. 446/Mum/2022 (निर्धारण वर्ा / Assessment Year: 2017-18) बिधम/ DCIT (IT)-3(1)(2) M/s. Korea Marine Transport Room No. 1628, 16th Floor, Co. Ltd. Vs. Air India Building, Nariman 30/32 Sea Horse, Adi Point, Mumbai-400021. Marzban Street Ballad Estate, Mumbai-400001. स्थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AACCK1101F (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue by: Shri Soumendu Kumar…

DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) - 2(1)(1), MUMBAI vs. CITIBANK OVERSEAS INVESTMENT CORPORATION, MUMBAI

In the result, appeal of the assessee is partly allowed as indicated above, the appeal of the revenue and cross objection of the assessee are dismissed

ITA 34/MUM/2018[2012-13]Status: DisposedITAT Mumbai10 Jan 2020AY 2012-13

Bench: Shri C.N. Prasad, Hon'Ble & Shri Manoj Kumar Aggarwal, Hon'Blecitibank Overseas Investment Corporation V. Dy. Cit (International Taxation) – 2(1)(1) C/O Deloitte Haskins & Sells Llp Room No. 1713, 17Th Floor 30 Floor, Tower 3 Air India Building India Bulls Finance Centre Nariman Point, Mumbai – 400 021 Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Pan: Aabcc5333N (Appellant) (Respondent) Dy. Cit (International Taxation) – 2(1)(1) V. Citibank Overseas Investment Room No. 1713, 17Th Floor Corporation Air India Building C/O Deloitte Haskins & Sells Llp 30 Floor, Tower 3 Nariman Point, Mumbai – 400 021 India Bulls Finance Centre Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Pan: Aabcc5333N (Appellant) (Respondent)

For Appellant: Shri P.J. Pardiwala &For Respondent: Shri Avaneesh Tiwari

Section 143(3)Section 234BSection 234CSection 244A

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “I”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI MANOJ KUMAR AGGARWAL, HON'BLE ACCOUNTANT MEMBER Citibank Overseas Investment Corporation v. Dy. CIT (International Taxation) – 2(1)(1) C/o Deloitte Haskins & Sells LLP Room No. 1713, 17th Floor 30 Floor, Tower 3 Air India Building India Bulls Finance Centre Nariman Point, Mumbai – 400 021 Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 PAN: AABCC5333N (Appellant) (Respondent) Dy. CIT (International Taxation) – 2(1)(1) v. Citibank Overseas Investment Room No. 1713, 17th Floor Corpora…

CITIBANK OVERSEAS INVESTMENT CORPORATION,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) - 2(1)(1), MUMBAI

In the result, appeal of the assessee is partly allowed as indicated above, the appeal of the revenue and cross objection of the assessee are dismissed

ITA 276/MUM/2018[2012-13]Status: DisposedITAT Mumbai10 Jan 2020AY 2012-13

Bench: Shri C.N. Prasad, Hon'Ble & Shri Manoj Kumar Aggarwal, Hon'Blecitibank Overseas Investment Corporation V. Dy. Cit (International Taxation) – 2(1)(1) C/O Deloitte Haskins & Sells Llp Room No. 1713, 17Th Floor 30 Floor, Tower 3 Air India Building India Bulls Finance Centre Nariman Point, Mumbai – 400 021 Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Pan: Aabcc5333N (Appellant) (Respondent) Dy. Cit (International Taxation) – 2(1)(1) V. Citibank Overseas Investment Room No. 1713, 17Th Floor Corporation Air India Building C/O Deloitte Haskins & Sells Llp 30 Floor, Tower 3 Nariman Point, Mumbai – 400 021 India Bulls Finance Centre Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Pan: Aabcc5333N (Appellant) (Respondent)

For Appellant: Shri P.J. Pardiwala &For Respondent: Shri Avaneesh Tiwari

Section 143(3)Section 234BSection 234CSection 244A

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “I”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI MANOJ KUMAR AGGARWAL, HON'BLE ACCOUNTANT MEMBER Citibank Overseas Investment Corporation v. Dy. CIT (International Taxation) – 2(1)(1) C/o Deloitte Haskins & Sells LLP Room No. 1713, 17th Floor 30 Floor, Tower 3 Air India Building India Bulls Finance Centre Nariman Point, Mumbai – 400 021 Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 PAN: AABCC5333N (Appellant) (Respondent) Dy. CIT (International Taxation) – 2(1)(1) v. Citibank Overseas Investment Room No. 1713, 17th Floor Corpora…

KORAS MARINE TRANSPORT CO. LTD,MUMBAI vs. DCIT (IT) 3(1)(2), MUMBAI

In the result, appeal of the assessee is allowed

ITA 888/MUM/2017[2013-14]Status: DisposedITAT Mumbai30 Oct 2018AY 2013-14

Bench: Shri C.N. Prasad, Hon'Ble & Shri N.K. Pradhan, Hon'Blem/S. Korea Marine Transport V. D.C.I.T (International Taxation) – 3(1)(2) Room No. 1605, 16Th Floor, Company Limited Air India Building, Nariman Point, C/O. Sea Horse Ship Agencies (P.) Ltd. Sea Horse House, 30/32, Mumbai – 400 021 Marzben Street, Ballard Estate, Mumbai – 400 001 Pan: Aacck 1101 F (Appellant) (Respondent) Assessee By : Shri Sandesh Desai Department By : Shri Manoj Kumar Singh

For Appellant: Shri Sandesh DesaiFor Respondent: Shri Manoj Kumar Singh

Section 143(3)Section 144C(5)Section 44BSection 44B(2)(i)

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “H”, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER AND SHRI N.K. PRADHAN, HON'BLE ACCOUNTANT MEMBER M/s. Korea Marine Transport v. D.C.I.T (International Taxation) – 3(1)(2) Room No. 1605, 16th Floor, Company Limited Air India Building, Nariman Point, C/o. Sea Horse Ship Agencies (P.) Ltd. Sea Horse House, 30/32, Mumbai – 400 021 Marzben Street, Ballard Estate, Mumbai – 400 001 PAN: AACCK 1101 F (Appellant) (Respondent) Assessee by : Shri Sandesh Desai Department by : Shri Manoj Kumar Singh Date of Hearing : 07.08.2018 Date of Pronouncement : 30.10.2018…

DCIT (IT) 3(1)(2), MUMBAI vs. KOREAN MARINE TRANSPORT CO. LTD, MUMBAI

The appeal of the revenue is dismissed in terms of our aforesaid observations

ITA 409/MUM/2016[2012-13]Status: DisposedITAT Mumbai11 Jul 2018AY 2012-13

Bench: Shri Shamim Yahya, Am & Shri Ravish Sood, Jm M/S Korea Marine Transport Co. Ltd. Deputy Commissioner Of Income C/O Sea Horse Ship Agencies P. Ltd , Tax (Int. Tax)- 3(1)(2), बिधम/ Mumbai Sea Horse House, 30/32, Vs. Marzben Street, Ballard Estate, Mumbai 400001 स्थामीरेखासं./ जीआइआयसं./ Pan No.Aacck1101F (अऩीराथी / Appellant) (प्रत्मथी / Respondent) : Deputy Commissioner Of M/S Korean Marine Transport Co. Ltd. Income Tax (Int. Tax)- 3(1)(2), Sea Horse House, 30/32, Adi Marzben बिधम/ Room No. 113, 1St Floor, Street, Ballard Eatate, Vs. Scindia House, Ballard Estate, Mumbai 400001 Mumbai-400038 स्थायीलेखासं./ जीआइआरसं./ Pan No.Aacck1101F (अऩीराथी / Appellant) (प्रत्मथी / Respondent) :

For Appellant: NoneFor Respondent: Shri Samuel Darse, D.R

Section 143(2)Section 143(3)Section 44BSection 44B(2)(i)

…P a g e | 1 ITA Nos. 1025/Mum/2015 & 409/Mum/2016 (C.O.No. 231/Mum/2017, arising out of ITA No. 409/Mum/2016) A.Ys. 2011-12 & 2012-13 M/s Korean Marine Transport Co. Limited IN THE INCOME TAX APPELLATE TRIBUNAL “L” BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA, AM AND SHRI RAVISH SOOD, JM M/s Korea Marine Transport Co. Ltd. Deputy Commissioner of Income C/o Sea Horse Ship Agencies P. Ltd , Tax (Int. Tax)- 3(1)(2), बिधम/ Mumbai Sea Horse House, 30/32, Vs. Marzben Street, Ballard Estate, Mumbai 400001 स्थामीरेखासं./ जीआइआयसं./ PAN No.AACCK1101F (अऩीराथी / Appellant) (प्रत्मथी / Respondent) : Deputy Commissioner of M/s Ko…

KOREA MARINE TRANSPORT CO.LTD,MUMBAI vs. DCIT (IT) 3(1)(2), MUMBAI

The appeal of the revenue is dismissed in terms of our aforesaid observations

ITA 1025/MUM/2015[2011-12]Status: DisposedITAT Mumbai11 Jul 2018AY 2011-12

Bench: Shri Shamim Yahya, Am & Shri Ravish Sood, Jm M/S Korea Marine Transport Co. Ltd. Deputy Commissioner Of Income C/O Sea Horse Ship Agencies P. Ltd , Tax (Int. Tax)- 3(1)(2), बिधम/ Mumbai Sea Horse House, 30/32, Vs. Marzben Street, Ballard Estate, Mumbai 400001 स्थामीरेखासं./ जीआइआयसं./ Pan No.Aacck1101F (अऩीराथी / Appellant) (प्रत्मथी / Respondent) : Deputy Commissioner Of M/S Korean Marine Transport Co. Ltd. Income Tax (Int. Tax)- 3(1)(2), Sea Horse House, 30/32, Adi Marzben बिधम/ Room No. 113, 1St Floor, Street, Ballard Eatate, Vs. Scindia House, Ballard Estate, Mumbai 400001 Mumbai-400038 स्थायीलेखासं./ जीआइआरसं./ Pan No.Aacck1101F (अऩीराथी / Appellant) (प्रत्मथी / Respondent) :

For Appellant: NoneFor Respondent: Shri Samuel Darse, D.R

Section 143(2)Section 143(3)Section 44BSection 44B(2)(i)

…P a g e | 1 ITA Nos. 1025/Mum/2015 & 409/Mum/2016 (C.O.No. 231/Mum/2017, arising out of ITA No. 409/Mum/2016) A.Ys. 2011-12 & 2012-13 M/s Korean Marine Transport Co. Limited IN THE INCOME TAX APPELLATE TRIBUNAL “L” BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA, AM AND SHRI RAVISH SOOD, JM M/s Korea Marine Transport Co. Ltd. Deputy Commissioner of Income C/o Sea Horse Ship Agencies P. Ltd , Tax (Int. Tax)- 3(1)(2), बिधम/ Mumbai Sea Horse House, 30/32, Vs. Marzben Street, Ballard Estate, Mumbai 400001 स्थामीरेखासं./ जीआइआयसं./ PAN No.AACCK1101F (अऩीराथी / Appellant) (प्रत्मथी / Respondent) : Deputy Commissioner of M/s Ko…

DDIT (IT) 2(1), NAVI MUMBAI vs. SWIWER OFFSHORE PTE LTD, MUMBAI

ITA 4994/MUM/2012[2009-10]Status: DisposedITAT Mumbai30 Nov 2017AY 2009-10

For Appellant: Shri Madhur Agarwal and Ms. Indira Anand-AR.sFor Respondent: Shri M.V. Rajguru-Sr. DR

Section 254(1)Section 44B

…आयकर आयकर आयकर अपीलीय आयकर अपीलीय अपीलीय अिधकरण अपीलीय अिधकरण अिधकरण, मुंबई अिधकरण मुंबई मुंबई “एल मुंबई एल एल ” खंडपीठ एल खंडपीठ खंडपीठ खंडपीठ Income-tax Appellate Tribunal “L”Bench Mumbai सव"ी सव"ी सव"ी राजे"" सव"ी राजे"" राजे"", लेखा राजे"" लेखा लेखा सद"य लेखा सद"य सद"य एवं सद"य एवं एवं रिवश एवं रिवश रिवश सूद रिवश सूद सूद, "याियक सूद "याियक "याियक सद"य "याियक सद"य सद"य सद"य Before S/Sh. Rajendra,Accountant Member & Ravish Sood, Judicial Member आयकर अपील आयकर अपील संसंसंसं./I.T.A./7939/Mum/2011, िनधा"रण िनधा"रण वष" वष" /Assessment Year: 2008-09 आयकर आयकर अपील अपील िनधा"रण िनधा"रण वष" वष" आयकर आयकर अपील आयकर…

SWIWAR OFFSHORE PTE .LTD,MUMBAI vs. ADDL DIT (IT) RG 2, MUMBAI

ITA 7939/MUM/2011[2008-09]Status: DisposedITAT Mumbai30 Nov 2017AY 2008-09

For Appellant: Shri Madhur Agarwal and Ms. Indira Anand-AR.sFor Respondent: Shri M.V. Rajguru-Sr. DR

Section 254(1)Section 44B

…आयकर आयकर आयकर अपीलीय आयकर अपीलीय अपीलीय अिधकरण अपीलीय अिधकरण अिधकरण, मुंबई अिधकरण मुंबई मुंबई “एल मुंबई एल एल ” खंडपीठ एल खंडपीठ खंडपीठ खंडपीठ Income-tax Appellate Tribunal “L”Bench Mumbai सव"ी सव"ी सव"ी राजे"" सव"ी राजे"" राजे"", लेखा राजे"" लेखा लेखा सद"य लेखा सद"य सद"य एवं सद"य एवं एवं रिवश एवं रिवश रिवश सूद रिवश सूद सूद, "याियक सूद "याियक "याियक सद"य "याियक सद"य सद"य सद"य Before S/Sh. Rajendra,Accountant Member & Ravish Sood, Judicial Member आयकर अपील आयकर अपील संसंसंसं./I.T.A./7939/Mum/2011, िनधा"रण िनधा"रण वष" वष" /Assessment Year: 2008-09 आयकर आयकर अपील अपील िनधा"रण िनधा"रण वष" वष" आयकर आयकर अपील आयकर…

ORIENT OVERSEAS CONTAINER LINE LTD,MUMBAI vs. DDIT (IT) 4(2), MUMBAI

In the result, the assessee’s appeal for A

ITA 457/MUM/2015[2011-12]Status: DisposedITAT Mumbai02 Sept 2016AY 2011-12

Bench: Shri Shailendra Kumar Yadav & Shri Jason P. Boazm/S. Orient Overseas Dcit (International Container Line Ltd. Taxation) - 4(2) C/O Oocl (India) Pvt. Ltd. Room No. 11, Scindia Icc Chambers, 5Th Floor Vs. House, Ground Floor Saki Vihar Road, Powai Ballard Estate Opp. Santogen Silk Mills Mumbai 400038 Mumbai 400072 Pan - Aaaco5679F Appellant Respondent

For Appellant: Shri Paras Savla &For Respondent: Shri Anandi Verma

Section 143(3)Section 144C(5)Section 154Section 234CSection 234DSection 271(1)(c)Section 44B

…IN THE INCOME TAX APPELLATE TRIBUNAL "C" Bench, Mumbai Before Shri Shailendra Kumar Yadav, Judicial Member and Shri Jason P. Boaz, Accountant Member M/s. Orient Overseas DCIT (International Container Line Ltd. Taxation) - 4(2) C/o OOCL (India) Pvt. Ltd. Room No. 11, Scindia ICC Chambers, 5th Floor Vs. House, Ground Floor Saki Vihar Road, Powai Ballard Estate Opp. Santogen Silk Mills Mumbai 400038 Mumbai 400072 PAN - AAACO5679F Appellant Respondent Appellant by: Shri Paras Savla & Ms. Priyanka Shah Respondent by: Shri Anandi Verma Date of Hearing: 30.08.2016 Date of Pronouncement: 02.09.2016 O R D E R Per Jas…

Orient Overseas Container Line Ltd. v. Addl. Director of Income Tax (International Taxation), Range-4, Mumbai

Judgments citing Orient Overseas Container Line Ltd. v. Addl. Director of Income Tax (International Taxation), Range-4, Mumbai