SC to rule on PE constitution & offshore supplies taxability for Nortel US

Apr 07,2017

SC admits Revenue’s SLP challenging Delhi HC judgement in the case of Nortel Networks India International Inc. (‘assessee, a US company’); HC had held that activities carried out by assessee’s Indian subsidiary (‘Nortel India’) doesn’t constitute assessee’s PE and that income from supply of equipment pursuant to contract with Reliance was no...

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