1. VOLUME NO.: LLAT/1520 OF 2016-17 DATE: 5 August 2016
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Dear Client,
We have pleasure in listing below some of the recent legal landmarks.
SrNo Authority Section/Rules RATIO(S)
Citation /Subject CASE(NAME OF ASSESSEE)
1.1 JAIP ITAT 234B 245C
On order being passed by SetCom interest will apply from first day of the AY
1.2 71TM229 Interest
Anil Hastakala (P) Ltd
2.1 CHENN ITAT 2(15) 11 32
Trust letting out its auditorium for marriage functions will not get exemption
2.2 71TM238 Charitable purpose
Suguna Charitable Trust
3.1 DEL HC 92C
Berry Ratio can be used as PLI for applying TNMM but in limited circumstances
3.2 71TM290 Transfer pricing
Sumitomo Corporation India (P) Ltd
4.1 MUM ITAT 9
when definition of royalty royalty is retrospectively changed in the law it cannot
extend to Articles of treaty
4.2 71TM213 Deemed income
Baan Global BV
5.1 HYD ITAT 142(2) 44AD
If A is unable to prove agricultural income it shall be considered income from other
sources
5.2 47CCH483 Estimate by VO
LAXMI NARASIMHA GRAPE
6.1 DEL ITAT 92C
Support services co. and subscription fees co not comparable
6.2 71TM249 Transfer pricing
Linked In Technology Information (P) Ltd
