2023 (8) TMI 1529 - HC - Income Tax

Accrual of income in India - payment received for rendering satellite transponder facilities by the respondent/assessee to its customers in India - HELD THAT - Issue raised in the present appeal is covered by the decision of this Court in Intelsat US LLC (Erstwhile Intelsat Corporation) 2023 (7) TMI 1463 - DELHI HIGH COURT held that revenue stated that issue raised in the present appeal is covered by the decisions rendered in M/s Asia Satellite Telecommunications Co. Ltd. 2011 (1) TMI 47 - DELHI HIGH COURT and New Skies Satellite BV 2016 (2) TMI 415 - DELHI HIGH COURT . We are told that the appellant/revenue has preferred Special Leave Petition(s) against the said decisions, which are pending adjudication. Accordingly, the appeal of the appellant/revenue is closed, following the abovementioned decisions rendered by the coordinate benches . Accordingly, in this case as well, the appeal is closed. In case, the appellant/revenue were to succeed in their appeals pending in matters of M/s Asia Satellite Telecommunications Co. Ltd. and New Skies Satellite BV supra parties will be bound by the decision rendered in said Special Leave Petitions.

Summary

The High Court of Delhi dismissed the appeal for Assessment Year 2019-20 as the issue raised was covered by a previous decision. The appellant/revenue's appeal was closed based on decisions from coordinate benches. If the appellant succeeds in pending appeals related to similar matters, parties will be bound by those decisions.