2016 (11) TMI 1497

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....aurav Mahajan,Amit Mahajan Counsel for Respondent :- C.S.C.(It),D.Awasthi ORDER This is a cross-appeal to Income Tax Appeal No.80 of 2007 in which the following questions of law are sought to be answered:- "1. Whether in view of the principles laid down by the decisions of Hon'ble Supreme Court in the case of Ishikawajima-Harima Heavy Industries Ltd. Vs. Director of Income Ta....

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....ide India ? 3. Whether the Tribunal after relying upon a decision of the Special Bench of the Tribunal in the case of Motorola while allowing the assessee's appeal has misdirected itself in coming to the conclusion that profit to the extent of 20% of the global supply is taxable in India when in fact the decision of Motorola does not contemplates such a situation? 4. Whether ....