https://www.taxtmi.com/caselaws?id=405005 The Authority found no evidence of illegal or improper tax avoidance in the transaction involving offshore supplies of High Efficiency Traction Motors for the Delhi Metro Rail Corporation. The case was admitted for further evaluation under section 245 R (2) of the Act, with a focus on determining tax liability and the existence of a Permanent Establishment in India during the upcoming merit hearing. The Revenue's allegations of tax avoidance through transaction design were not substantiated, leading to the application being accepted for future proceedings. en-us Tue, 12 Jan 2021 00:00:00 +0530 Mon, 08 Mar 2021 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405005 The Authority found no evidence of illegal or improper tax avoidance in the transaction involving offshore supplies of High Efficiency Traction Motors for the Delhi Metro Rail Corporation. The case was admitted for further evaluation under section 245 R (2) of the Act, with a focus on determining tax liability and the existence of a Permanent Establishment in India during the upcoming merit hearing. The Revenue's allegations of tax avoidance through transaction design were not substantiated, leading to the application being accepted for future proceedings. Case-Laws Income Tax Tue, 12 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405005