Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: cpt :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: list of goods taxed at 4% :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: form 3cd :: VAT RATES :: TDS :: TAX RATES - GOODS TAXABLE @ 4%
 
 
From the Courts »
 Reliance Communications Ltd vs. DDIT (ITAT Mumbai)
  Sushila Devi vs. CIT (Delhi High Court)
 Ashok Prapann Sharma vs. CIT (Supreme Court)a
  Vatsala Shenoy vs. JCIT (Supreme Court)
  Vatsala Shenoy vs. JCIT (Supreme Court)
 M.K.Overseas Pvt. Ltd. Vs. Pr.Commissioner Of Income Tax-06
 Arshia Ahmed Qureshi Vs. Pr. Commissioner Of Income Tax-21
 CHAUDHARY SKIN TRADING COMPANY Vs. PR. COMMISSIONER OF INCOME TAX-21
  Sushila Devi vs. CIT (Delhi High Court)
  Vatsala Shenoy vs. JCIT (Supreme Court)
 Deputy Director Of Income Tax Vs. Virage Logic International

M/s. Morgan Stanley Asia (Singapore) Pte., C/o. S R B C & Associates, 6th Floor, Express Towers, Nariman Point, Mumbai -400 021 Vs. Deputy Director of Income Tax (International Taxation) -4(1), Scindia House, N.M. Marg, Mumbai -400 038
October, 24th 2013
                  `     ""                           

               IN THE INCOME TAX APPELLATE TRIBUNAL
                    MUMBAI BENCH "K", MUMBAI

          .   ,                             ,                             
     BEFORE SHRI D. KARUNAKARA RAO, ACCOUNTANT MEMBER
           AND SHRI VIVEK VARMA, JUDICIAL MEMBER

                        . : 4365/ /2012
                              A.Y. 2007-2008
                          ITA No. : 4365/Mum/2012
                         (Assessment year: 2007-2008)
     M/s. Morgan Stanley Asia             Vs   Deputy Director of Income Tax
     (Singapore) Pte.,                         (International Taxation) -4(1),
     C/o. S R B C & Associates,                Scindia House,
     6th Floor, Express Towers,                N.M. Marg,
     Nariman Point,                            Mumbai -400 038
     Mumbai -400 021
        .:PAN: AAECM 3575 B
           (Appellant)                               (Respondent)
                           Appellant by   :    None
                         Respondent by    :    Shri Ajeet Kumar Jain

    /Date of Hearing                      : 21-10-2013
    /Date of Pronouncement                : 21-10-2013


                                      
                                   ORDER
    ,  :
PER VIVEK VARMA, JM:

          The instant appeal is filed by the assessee against the order of
the CIT(A) 15, Mumbai, dated 03.04.2012 for AY 2007-08.

2.      On    previous    occasion,   appeal    was fixed     for   hearing      on
29.07.2013, as request letter dated 17th July, 2013 received from the
assessee mentioning therein, "The issues involved in the captioned
appeal include grounds relating to transfer pricing and international tax.
We understand that recently it was decided that appeals involving both,
transfer pricing and international tax issues, shall be heard and decided
by the `K' Bench" and as per the order of Hon'ble President dated
                                      2      M/s. Morgan Stanley Asia (Singapore) Pte.
                                                             ITA No. 4365/Mum/2012





31.07.2013, this case has been transferred to `K' Bench and fixed for
hearing on 21.10.2013. On date, fixed for hearing on 21.10.2013, none
appeared on behalf of the assessee nor any adjournment letter has
been received. Hence, following the decision of the ITAT, in the case of
Multiplan India Ltd., reported in 38 ITD 320 (Del) and the judgment of
the Hon'ble Madhya Pradesh High Court in the case of Late Tukojirao
Holkar vs CWT, reported in (1997) 223 ITR 480 (MP), the appeal filed
by the assessee is dismissed.

3.      In the result, appeal of the assessee stand dismissed.
Order pronounced in the open Court on 21st October, 2013.

                              21.10.2013    |

        Order pronounced in the open Court on 21st October, 2013.

              Sd/-                                                      Sd/-
     ( .   )                                                      (  )
                                                               
(D. KARUNAKARA RAO)                                      (VIVEK VARMA)
ACCOUNTANT MEMBER                                       JUDICIAL MEMBER
 Mumbai,  Date: 21st October, 2013
  /Copy to:-
     1)  /The Appellant.
     2)  /The Respondent.
     3)      () -15, Mumbai / The CIT (A)-15, Mumbai.
     4) The DIT(IT)/CIT-Concerned _____, Mumbai,
     5)     "          " ,     , /
        The D.R. "K" Bench, Mumbai.
     6)  
        Copy to Guard File.
                                               /By Order
         / / True Copy / /
                                                             [







                                                  / 
                                                , 
                                            Dy./Asstt. Registrar
                                             I.T.A.T., Mumbai

*  . .
*Chavan, Sr. PS

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions