2014 (3) TMI 1141 - HC - Income Tax

Income accrued in India - dependent agent in India is carrying on marketing activities as Appellant, is resident of Singapore - income liable to tax in India - Held that - Substantial question of law as formulated and canvassed before us has been covered by a judgment of this Court in SET Satellite (Singapore) Pte.Ltd Vs. Deputy Director of Income Tax, International Taxation 2008 (8) TMI 96 - BOMBAY HIGH COURT Merely because tax on income was paid for some assessment years would not estop the assessee from contending that its income is not liable to tax.

Summary

The High Court of Bombay dismissed the appeal as the substantial question of law raised was covered by a previous judgment of the court in a similar case. The appeal was not entertained due to a pending matter in the Supreme Court based on identical facts and circumstances. The appeal was dismissed as none of the questions raised qualified as substantial questions of law.