High Court in Delhi issues notice regarding IT Department's objection to Clifford Chance India's tax obligations
The ongoing appeal filed by the Income Tax Department is currently being heard at the Delhi High Court. The case, named "Commissioner of Income Tax (International Taxation) v. Clifford Chance Pte Limited", challenges a March 2024 ruling of the Income Tax Appellate Tribunal (ITAT).
The ITAT ruling, which the appeal contests, held that Clifford Chance's Singapore entity did not have a taxable presence in India. The UK-headquartered law firm, Clifford Chance, is at the centre of the dispute, with the Inland Revenue Service filing the appeal addressing the March 2024 ITAT decision. It's important to note that no other specific legal firm was mentioned in the available information for this appeal.
The dispute centres around the taxable presence of Clifford Chance's Singapore entity in India. The ITAT, the statutory appellate body under the Income Tax Act, had previously ruled in favour of the Singapore entity, stating that it did not have a taxable presence in India.
The Delhi High Court has issued a notice in relation to the appeal, making it the court handling the appeal. The appeal was filed against the decision made by the ITAT in March 2024.
It's crucial to clarify that this article requires a subscription to access its content. The details provided here aim to provide a clear and concise understanding of the case. Stay tuned for further updates as the court hearing progresses.
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