PR. COMMISSIONER OFINCOME TAX vs. E-FUNDS INTERNATIONAL INDIA PVT. LTD.

The appeals are dismissed

delay in re-filing the respective appeals is condoned. 2. The applications are disposed of. ITA No. 607/2015 & 608/2015 3. These two appeals by the Revenue are under Section 260A of the Income Tax Act, 1961 („Act‟). 4. At the outset, Mr. Kamal Sawhney, learned Senior Standing counsel for the Revenue states that page 6 of the memorandum of appeal

PR. COMMISSIONER OFINCOME TAX vs. E-FUNDS INTERNATIONAL INDIA PVT. LTD.

The appeals are dismissed

delay in re-filing the respective appeals is condoned. 2. The applications are disposed of. ITA No. 607/2015 & 608/2015 3. These two appeals by the Revenue are under Section 260A of the Income Tax Act, 1961 („Act‟). 4. At the outset, Mr. Kamal Sawhney, learned Senior Standing counsel for the Revenue states that page 6 of the memorandum of appeal

DCIT CIRCLE 4(2), NEW DELHI vs. CANON INDIA PVT. LTD., NEW DELHI

In the result, to sum up and conclude:

Bench: Shri Challa Nagendra Prasad & Shri Naveen Chandra

Section 10A and the set-off of brought-forward losses, hence, there was no Indian tax liability against which the foreign taxes withheld in Japan can be credited. 14. We find that while the Mumbai Tribunal in the Bank of India case grappled with the question of following a non-jurisdictional High Court being not binding judicial precedent, and arrived

CANON INDIA PVT. LTD,GURUGRAM vs. NEAC, DELHI

In the result, to sum up and conclude:

Bench: Shri Challa Nagendra Prasad & Shri Naveen Chandra

Section 10A and the set-off of brought-forward losses, hence, there was no Indian tax liability against which the foreign taxes withheld in Japan can be credited. 14. We find that while the Mumbai Tribunal in the Bank of India case grappled with the question of following a non-jurisdictional High Court being not binding judicial precedent, and arrived