Dit (international Taxation), Mumbai Vs. Morgan Stanley and Co. Inc.

Decided On : Jul-09-2007

Court : Supreme Court of India

LAW: Article 5(1, the Services Agreement, Article 5(1, Article 5(4, Article 5(2)(1, Article 5(1, Article 5(4, Article 5(2)(1, Section 92C, Article 5(1, Article 5(1, Article 5(1, Article 5(1).7, Article 5PERMANENT ESTABLISHMENT1, Article 12, Article 9, Article 12, Article 12, Article 5(1, Article 5(1, Article 5(1, Article 5(1, Article 5(2, Article 5(2)(1, the Finance Act, Section 92-F(iii, the Income Tax Act, Section 92-F(iiia, the I.T. Act, Article 5(3, Article 5(3, Article 5(1, Article 5(2, Article 5(3, Article 5(1, Article 5(a)(1, Article 5(2)(1, Article 5(2)(1, Article 5(2)(1, Article 5(2)(1, Article 7, Article 7, Article 7, Article 7, Article 7, Section 92C(1, the I.T. Act, the I.T. Act, the I.T. Act, the I.T. Act, Section 92, the I.T. Act, Section 92C, the I.T. Act, Section 92C, the I.T. Act, Section 92D, Section 92D, Section 10A, Chapter VI-A, Section 92C.Rule 10B., Section 92C, Section 92C, Section 92C, the I.T. Act, Article 7(2, Article 7 of the U.N. Model Convention, ARTICLE 7: ATTRIBUTION OF BUSINESS PROFITSArticle 7 of the UN Model Convention, Article 7 of the U.N. Model Convention, Article 7(2, Article 7(2, the I.T. Act, Article 5(2)(1

PERSON: S.H. Kapadia, herein below Articles 5, Split Method, or(g, namely:(a, namely:(a

NORP: J.1, Hindu, Hindu

ORG: Double Tax Avoidance Agreement, DTAA, Treaty, Morgan Stanley Group, MS Group, Morgan Stanley and Company, Morgan Stanley, Morgan Stanley Advantages Services Pvt. Ltd., PE, DTAA, the Authority for Advance Ruling, DTAA, PE, DTAA, PE, AAR, Department, Court, Department, MSCO, Department, MSCO, Department, DTAA, AAR, AAR, AAR, Court, AAR, the Transactional Net Margin Method, TNMM, AAR, PE, EXISTENCE OF, MSCO, MNE, MSCO, DTAA, Fees for Included Services, Contracting State, State, State, Contracting State, State, State, State, State, State, State, State, State, State, State, State, Fees for Included Services, DTAA, AAR, AAR, AAR, PE, PE, Department.10, DTAA, Treaty, DTAA, DTAA, DTAA, MNE, DTAA, Parliament, P.E., DTAA, DTAA, MSCO, AAR, MSCO, AAR, DTAA, MNE, MSCO, MSCO, MSCO, AAR, MSCO, MSCO, the U.N. Convention, MSCO, MSCO, ARR, Department, Department, MNE, MNE, the Income-Tax Act, MNE, MNE, AAR, Comparable Uncontrolled Price Method (CUPM)(b) Resale Price Method, the Income Tax Rules, Income Tax Rules, I.T., Earnest and Young, MSCO, TNMM, MSCO, ARR, the Transfer Pricing Officer, T.N. Chopra & Associates, AAR, MSCO, PE, AAR, India.22, DTAA, the Income Tax Rules, Associated Enterprise', Sections, or(d, or(k, or(m, International Transaction', the Income Tax Rules, Board, or(d, Assessing, Assessing, Assessing, Assessing, -(i, -(i, -(i, -(i, -(i, -(i, CUPM, RPM, CPM, TNMM, Assessing, TNMM, AAR, MSCO, TNMM, TNMM, TNMM, PE, DTAA, AAR, PE, AAR, CBDT, CBDT, profits1, State, State, State, Contracting State, PE, PE, the U.N. Model Convention, MSCO, PE, PE, DTAA, AAR, PE, ALA, PE, Attributable Profits, AAR, PE, the Transactional Net Margin Method, MSCO, PE, Department, PE, Department, AAR, Department

GPE: India, United States, India, India, India, India, India, India, Mumbai, Mumbai, India, India, India, India, P.E., P.E., P.E., India, P.E., India, India, P.E., India, India, the United States, US, India, P.E., P.E., P.E., P.E., P.E., P.E., India, P.E., P.E., P.E., P.E., P.E., P.E., P.E., P.E., P.E., P.E., India, P.E., India, India, P.E., U.S., India, India, India, India, P.E., P.E., India, India, India, India, P.E., India, P.E., India, P.E., India, P.E., India, India, P.E., P.E., India, India, U.S.A.23, I.T., India, India, India, India, India, India, India, India

CARDINAL: three, One, two, One, 7, on.2, more than 90, 1, 1, 2, 5, 3, 3, 1, 3, One, 14, one, 5(3, 14.4.3005, two, one, five, 92 to 92E, 1.4.2001, 1, 92C, 92E, 1, two, one, less than twenty-six, less than twenty-six, one, less than fifty-one, one, less than, more than half, one, one, more than half, one, two, one, one, one, one, one, one, less than, two, 1, 92E, two, between two or, 1, two, two, two, 10B., 10C, 1, 1, more than one, one, 1, 2, 1, 3, 1, 2, 3, 1, 2, one, 1, 1, 1, 1, 10C, 10D, 23, 5, 3, 2, 44BB, 22.9.06, two

DATE: April 14, 2005, 13.2.2006, 14.4.2005, INDIA6, more than 120 days, twelve month, more than 120 days, twelve month, twelve-month, the same method year, year, 1961, 2001, 2002, 1961, day, two years, 1961, the financial year, 92D, 92D, the financial year, more than two years, 1969, 2004, the same method year-by-year

ORDINAL: second, first, second, first, first, first, first, second, second, first, first, first

PRODUCT: Article, Section 92C, Circular, Article

WORK_OF_ART: Articles of the Convention, I.T. Act', Attribution of Profits.35

LOC: Articles, Chapter XVIIB

PERCENT: 29%, 29%

MONEY: ninety per cent, five per cent

EVENT: I.T. Act, I.T. Act