Asstt Director of Income Tax I New Delhi Vs. M/S E Funds It Solution Inc

Decided On : Oct-24-2017

Court : Supreme Court of India

LAW: Article 5 of the India U.S. Double Taxation Avoidance Agreement of 1990, Article 5, Article 5, Article 5, Article 5(1, Article 5(2)(a, Article 5(2)(l, Article 27 of the, Article 5(6, Article 5(2)(l, the Income Tax Act, Section 90, the Income Tax Act, Section 90(1, the Income Tax Act, Article 5 of the, Article 12, Article 9, Article 7, Article 25, Article 25, Article 27, The Income Tax Act, Section 90, Article 7(1, Article 5 of the, Article 5(2)(l, Article 5(4, Article 5.11, Article 5(1, Article 5 of the, Article 5, Article 1, Article 4, Article 5(1, Article 5, Article 4(3, Article 7(1, Article 5(5, Article 5(5)(a, Article 24(3, Article 5(2)(e, Article 5(1, Article 5(1, Article 5(1, Article 5(2)(l, Article 5(2)(l, Article 5(2)(l, Article 5(2)(l, Article 5(2)(l, Article 5(2)(l, Section 10A, Article 42.31, Article 5(2)(l, Article, Article 5(4, Article 7(2, Circular No.5, Article 7(2, the IT Act, the IT Act, the IT Act, Article 27 of Indo-USA Double Taxation Avoidance Agreement The Acting Director (International, Section 90, Income Tax Act, Article 27 of Indo-USA Double Taxation Avoidance Agreement and Rule 44H of Income Tax Rules, Article 3.6 of the OECD Manual

ORG: THE SUPREME COURT OF INDIA CIVIL, No.6082, Income Tax-I, No.6083 OF2015CIVIL, No.6093 OF2015CIVIL, No.6085, No.6101 OF2015CIVIL, NO.19128, American Companies, the Income Tax Appellate Tribunal, the High Court, the High Court, follows:“6, IDLX Corporation, IDLX Corporation, IDLX International BV, IDLX Holding BV, IDLX International BV, the Transfer Pricing Officer, AO, PE, PE, PE, PE, DTAA, PE, the CIT (Appeals, PE, PE, PE, the CIT (Appeals, the High Court, the High Court, DTAA, PE, the United States Securities and Exchange Commission, High Court, eFunds Corp, eFunds India, eFunds Corp, eFunds India, EFI, eFunds, eFunds India, eFunds, the Transfer Pricing Report, eFunds India, eFunds Corp, eFunds India, eFunds, EFI, The Supreme Court, Formula One World Championship Ltd., Income Tax, the High Court, DTAA, PE, eFunds Corp, eFunds India, eFunds, EFC, EFI, eFunds Corp, eFunds India, Subcontractors, Subcontractors, Subcontractors, eFunds India, eFunds Corp., DIT, Morgan Stanley, the Court held:“17, AO, eFunds Corp, eFunds India, Technical Services and Country Head-Business Development, Morgan Stanley, the CIT (Appeals, MAP, DTAA, PE, Court, Formula One, PE, PE, PE, PE, PE, ATM Management Services, Electronic Payment Management, Decision Support and Risk Management and Global Outsourcing, Professional Services, ATM, the High Court, PE, the OECD Commentary, the High Court, the CIT (Appeals, the High Court, the High Court, The Central Government, the Central Government, the India US Double Taxation Avoidance Agreement, DTAA, Fees for Included Services, State, State, State, State, State, State, State, State, State, State, State, State, Court, the Contracting State, the Income Tax Rules, the Competent Authority of India, the Competent Authority, The Competent Authority India, Assessing, “Competent Authority of India, the Central Government, DTAA, DTAA, DTAA, PE, PE, PE, PE, Court, DTAA, OECD, PE, PE, State, PE, OECD, UN MC, Vogel, the French Version, PE, PE, PE, OECD MC, OECD, UN MC, PE, PE, PE, PE, State, State A, State, State, OECD, UN MC, State, OECD, UN MC, State A, UN MC, OECD, PE, Vogel, POB, OECD, OECD, the Canadian Federal Court of Appeal, Income Tax Appellate Tribunal, Tribunal, Bench, OECD, OECD, State, OECD, OECD, UN MC, POB, POB, POB, OECD, UN MC, OECD, Model Tax Convention, State, CIT (Appeals, The High Court, held:“49, PE, BPO, PE, PE, Klaus Vogel, the High Court, the High Court, Reliance, the United States Securities and Exchange Commission, the High Court, ATM Management Services, Electronic Payment Management, Decision Support and Risk Management and Global Outsourcing, Professional Services, Deloitte Haskins, Sells, ATM Management Services, ATM Management Services, ATM, ATM, ATM, eFunds India, eFunds India, Electronic Payment Processing Services, ATM, Processing Services, ATM, ATM, Customers, EBT, Transitional Aid, EBT, Connex and Architect, Customer, IBM, Tandem, Interface, Customer, Contract, Connex, Architect, IBM, Tandem, Government Agencies, ATM, eFunds India, eFunds India, eFunds Government Services Business, Decision Support & Risk Management eFunds’, SCAN, ChexSystems, ChexSystems, ChexSystems, ChexSystems, ChexSystems, DebitBureau, Customer, DebitBureau, SCANSM, DebitBureau, eFunds India, eFunds India, eFunds India, SCAN, Global Professional Services Outsourcing Services, eFunds US, Customer Services, Interface, Customer, eFunds, eFunds India, • Data Processing Services, • Making, the Reserve Bank of India, eFunds India, PE, the High Court, PE, DTAA, Court, Morgan Stanley, DTAA, MNE, AAR, ARR, Department, PE, Department, the OECD Commentary, OECD, State, State, The High Court, State, The Assessing Officer, PE, e-Fund Corp, e-Fund Corp., e- Fund Corp, e-Fund Corp, the Indian Exchange Control Regulations, Assessing, the High Court, the OECD Commentary, PE, PE, the High Court, DTAA, Additional Taxation Commissioner, S.R. Batliboi & Co. Chartered Accountants, eFunds International, IDLX Holdings BV, eFunds Corp., S.No Description, Financial Shared Services, TNMM2 Call Center Services, eFunds, the Transactional Net Margin Method, TNMM, the Arm’s Length Price, PE, Morgan Stanley, PE, DTAA, AAR, Circular No.23, CBDT, CBDT, PE, PE, DTAA, Sections 44-BB, AAR, PE, ALA, PE, PE, PE, PE, MAP, Mutual Agreement Authority of USA Procedure, M/s eFunds Corporation, eFunds I.T. Solutions Inc., the Competent Authority of India, the Double Taxation Avoidance Agreement, Competent Authority of USA, the eFunds I.T. Solution Group Inc., The Competent Authorities, The Competent Authorities of USA, M/s eFunds Corporation, eFunds IT Solutions Group Inc.:- Income, eFunds India Pvt. Ltd., eFunds, eFunds, eFunds, India Income, A.Y. Figures, the Income Tax Rules, the Department of Treasury, PE, International Tax Circle, OECD, MAP Procedure, OECD, MAP, the OECD Model Tax Convention, the OECD Transfer Pricing Guidelines, MAP, Best Practice, OECD, the High Court’s, the High Court, the High Court, the High Court

GPE: New Delhi, USA, USA, United States of America, USA, USA, Netherlands, Netherlands, India, USA, India, India, India, India, India, USA, India, India, India, India, Delhi, India, India, India, India, India, the United Kingdom, Australia, Venezuela, India, UK, Australia, Delhi, India, India, India, UK, Australia, the United States, India, India, US, US, US, India, India, India, India, US, India, India, India, India, India, India, the United States, the United States, US, India, India, States, the Contracting States, India, India, India, India, India, US, US, India, India, India, India, Contracting States, Vogel, Delhi, Ericsson, India, US, India, India, India, India, S.Ct, US, US, the United States, Canada, US, US, US, India, United States, the United States, US, the United States, India, US, US, Governmental, USA, India, US, the United States, US, India, US, US, US, US, US, US, US, US, US, US, US, United Kingdom, Chicago, India, US, India, US, US, US, US, India, US, US, US, US, US, US, USA, US, US, the United States, U.S., India, US, India, India, US, US, India, US, US, US, US, Agreement/, US, US, US, India, US, US, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, US, India, India, US, New Delhi, F.Y., Netherlands, IDLX, Cr, Form 3CEB, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, A.Y., US, US, Washington, India, India, India, India, New Delhi

CARDINAL: 2, two, 7, two, two, two, two, 2, 5, 6, 8, three, 9, 10, one, 11, two, 12, 5(4, 5(5, 4, 14, four, 15, 3.6, three, 16, 90(2, 171, 2, 1, 1, 2, 19, 1, 3, 1, 2, 5, 20, 3, 8, one, 23, 9, 44H., 1, 2, 3, 4, 24, 5, 44, 44H, 10, 25 three, 5(1, 5(2)(a, 27, 36, one, 29, 30, 37, 31, two, three, 32, one, two, more than one, only one, 10, more than one, 38, one, 12, 34, two, two, 35, 13, 108, two, four, 37, over 11,000, two, 38, 39, 23, one, 40, 41, 124 million, 42, 43, 44, 16, two, two, 46, 17, 18, 47, 15-16, 42.31, two, two, two, 5(2)(l)(ii, 49, 63, Two, two, 50, 7, 20, 51, 52, 92CA(3, 3, 53, 44, 36, 23, 1, 1962.2, 57, 2.63 0.39, 2.24, 3, 4, 58, 4, 25, 26, 3.6, 59, 27, 1.3.1, No.3, 60, 61, 63

DATE: years 2000-01, 2004-05, years 2000-01, 2005-06, 4 8, years, 31st March, 2003, 2017, the entire year, 2007, 7 SCC1, years 2003-04, 2004-05, all subsequent years, 22nd February, 2006, the assessment years, subsequent years, the year 2003-04, 2009, 18 7, 1990, more than 120 days, twelve-month, more than 120 days, twelve-month, more than 90 days, twelve-month, 21 6, 22 1, three years, 1962, ninety days, 1961, 43 of 1961, 34, 28, 1173, 36 14, 13th March, 2009, two years, 18, Para 42.31, 48 19, year 2005-06, year 2005-06, 2005-06, 2005-06, years 2005-06, 22nd February, 2006, the year, 1969, 54 2004, 55, 27-28, 23rd April, 2007, 1961, the previous year, 31.03.2003, the previous year ending 31.03.2004, 1961, 2003-, 2004-05, 1961, 1962, 7th May, 2007, subsequent years, May 14, 2007, years, those years, years, subsequent years, 62 29, October 24, 2017

ORDINAL: first, first, first, first, first, 1st, third, third, first, first

PERCENT: almost 100%, almost 100%, almost 100%, 100%, 100%, 40%, 100%, 100%, 16%, 25%, 75%, 100%, 75%, 10.48%, 10.48%, 11.11%, 85%, 15%, 87%, 13%, 30.71 10.48%, 11.11%, 15%, 85%, 3.41 0.45(13%) 2.96(87%

NORP: ITAT, ITAT, ITAT, American, Indian, American, Indian, Indian, Indian, Indian, Indian, Indian, Indian, ITAT, ITAT, French, Indian, Indian, Canadian, Indian, ITAT, Indian, Indian, Indian, Indian, American, American, American, Indian, American, American, Indian, ITAT, Indian, ITAT, ITAT

PERSON: Shri K.K. Venugopal, PE, Shri S. Ganesh, Shri Ganesh, Formula, Philip Baker, Klaus Vogel, Ericsson, Ericsson, Arvid A. Skaar, Bollinger, Shri Ganesh, stated:“2, Needy Families, Chex, • Responding, Logica Global, Logica Global, lien, Shri Venugopal, Shri Venugopal’s, Shri Venugopal, Shri Ganesh, J.(R.F. Nariman, Kishan Kaul

LOC: South East Asia, Europe

WORK_OF_ART: Annual Report of eFunds Corp, ATM Services, Resolution under Section 90 of Income Tax Act

PRODUCT: Para 17, Article, Appellant, Global Outsourcing, CA, Method Value 1, AY200405

FAC: the Official Gazette

TIME: the office hours

QUANTITY: 12 square 33 meters, 33.9 Cr

MONEY: more than 17 million, three billion

EVENT: the UN Convention, Future Years