DDIT (IT) 2(1), MUMBAI vs. REUTERS LTD, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

ADIT (IT)-2(1), MUMBAI vs. REUTERS LTD, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

REFINITIV LTD.,MUMBAI vs. ADIT (IT) 2(1), MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

ADIT (IT) RG 2, MUMBAI vs. REUTERS LTD, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

DDIT (INTERNATIONAL I. T) 2(1), MUMBAI vs. M/S. REUTERS ON LINE S.A, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

REFINITIV LTD.,MUMBAI vs. DDIT (I.TAXATION) RANGE 2, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

DDIT (I.T) 2(1), MUMBAI vs. M/S. REUTERS LTD., MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

REFINITIV LTD.,MUMBAI vs. THE DY DIT (I.T) 2(1), MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

THE DDIT (I.T) 2(1) vs. M/S. REUTERS LTD.,

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

THE DDIT (I.T) 2(1), MUMBAI vs. M/S. REUTERS LTD., MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

ADIT (IT)-2(1), MUMBAI vs. M/S. REUTERS LTD., MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

REFINITIV LTD.,MUMBAI vs. DDIT (I.T) - 2(1), MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

REFINITIV LTD,MUMBAI vs. THE DDIT (IT)-2(1), MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

REFINITIV LTD.,MUMBAI vs. THE DDIT (IT)-2(1), MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

THE DDIT(IT)-2(1), MUMBAI vs. M/S. REUTERS LTD, UK, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

THE DDIT(IT)-2(1), MUMBAI vs. M/S. REUTERS LTD, UK, MUMBAI

Appeals are disposed off

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Assessment Year 2000 – 01

House, Ballard Estate Inidabulls Finance Centre, Mumbai 400001 tower 3, 27th-32n d Floor Senapati Bapat Marg, Elphinstone Road (W), Mumbai-400001 (Appellant) (Respondent) PAN No. AABCR7557B ITA No. 5379/Mum/2005 (Assessment Year: 2002-03) Refinitive SA ( formally known DDIT (IT)- 4(1) (1) as Reuters Online SE) R. No. 1712, 17th Floor, Air C/o Rajashreee Sabnavis and Associates

BNP PARIBAS,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX(INTERNATIONA TAXATION)-CIRCLE 1(3)(1), MUMBAI

permanent establishment by reason\nof the mere purchase by that permanent establishment of goods or\nmerchandise for the enterprise.\n5.\nFor the purpose of the preceding paragraphs, the profits to be attributed\nto the permanent establishment shall be determined by the same\nmethod year by year unless there is good and sufficient reason to the\ncontrary.\n6.\nWhere profits include

REFINITIV LTD.,MUMBAI vs. DCIT (I.T) RG. 2, MUMBAI

In the result, both the appeals filed by the Assessing Officer are dismissed, and both the appeals filed by the assessee are allowed in the limited terms indicated above

House, 3rd floor, Walchand Hirachand Marg, Ballard Estate Mumbai 400 001 [PAN: AABCR7557B] Vs. Deputy Director of Income Tax International Taxation 2(1), Mumbai ……………...…………Respondent Appearances by: P J Pardiwalla along-with Nitesh Joshi for the appellant Surabhi Sharma for the respondent Date of concluding the hearing : 06/04/2022 Date of pronouncing the order : 05/07/2022