https://www.taxtmi.com/caselaws?id=178068 The Tribunal upheld the decision of the Ld.Commissioner of Income Tax (Appeals) regarding the reopening of assessments, existence of Permanent Establishment, and attribution of profits. However, the Tribunal ruled in favor of the assessee on the issue of interest levy u/s 234B, citing a binding judgment. The Tribunal found that interest was not applicable due to obligations under S.195 of the Act for tax deduction at source for non-resident companies. The Revenue's appeal was dismissed, affirming the Ld.Commissioner's order. en-us Tue, 16 Jul 2013 00:00:00 +0530 Wed, 27 Jan 2016 18:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178068 The Tribunal upheld the decision of the Ld.Commissioner of Income Tax (Appeals) regarding the reopening of assessments, existence of Permanent Establishment, and attribution of profits. However, the Tribunal ruled in favor of the assessee on the issue of interest levy u/s 234B, citing a binding judgment. The Tribunal found that interest was not applicable due to obligations under S.195 of the Act for tax deduction at source for non-resident companies. The Revenue's appeal was dismissed, affirming the Ld.Commissioner's order. Case-Laws Income Tax Tue, 16 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178068