M/S FOODWORLD SUPERMARKETS LTD.,,BANGALORE vs. DY. DIT, BANGALORE
In the result, the appeal filed by the assessee is partly allowed
ITA 1356/BANG/2013[2008-09]Status: DisposedITAT Bangalore28 Oct 2015AY 2008-09
Bench: Shri Vijaypal Rao & Shri Jason P Boazita Nos.1356 & 1357/Bang/2013 (Asst. Year – 2008-09) M/S Food World Supermarkets Ltd., No.740, Eshwari Industrial Estate, Gate No.2, Hulimavu, Bannergatta Road, Bangalore-560 076. . Appellant Vs. The Dy. Director Of Income-Tax, (International Taxation) Circle-I(1), Bangalore. . Respondent Appellant By : Shri Padam Chand Khincha, Ca Respondent By : Shri Saravanan B, Jcit Date Of Hearing : 15-09-2015 Date Of Pronouncement : 28-10-2015 O R D E R
For Appellant: Shri Padam Chand Khincha, CAFor Respondent: Shri Saravanan B, JCIT
Section 192Section 195Section 201Section 201(1)Section 9(1)(vii)
44D of the Act. In support of his contention, he has relied upon the
judgment of Hon’ble SC in the case of CIT Vs. Morgan Stanley and
Co. Inc., 292 ITR 416 and submitted that while interpreting the
definition of PE as provided u/s 92F(iii) as well as considering the
CBDT Circular
