https://www.taxtmi.com/caselaws?id=441184 The Supreme Court concurred with the High Court's decision on the attribution of profits in international tax matters based on the Galileo Nederland BV case. The Court affirmed that 15% of the revenue from bookings made in India should be considered income arising in India. The Court did not address the issue of permanent establishment. Consequently, the Revenue's appeals were dismissed, and the assessee(s) appeals were allowed in accordance with the Delhi High Court judgment. en-us Thu, 20 Jul 2023 00:00:00 +0530 Thu, 03 Aug 2023 07:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441184 The Supreme Court concurred with the High Court's decision on the attribution of profits in international tax matters based on the Galileo Nederland BV case. The Court affirmed that 15% of the revenue from bookings made in India should be considered income arising in India. The Court did not address the issue of permanent establishment. Consequently, the Revenue's appeals were dismissed, and the assessee(s) appeals were allowed in accordance with the Delhi High Court judgment. Case-Laws Income Tax Thu, 20 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441184