Advance Ruling on settlement amount receivable by Upaid Systems Limited from Satyam Computer Services Ltd.

BEFORE THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX), NEW DELHI 12th Day of October, 2011 P R E S E N T Justice Mr. P. K.Balasubramanyan (Chairman) Mr. V.K. Shridhar (Member) A.A.R. No. 885 of 2010 Name and address of the applicant: Upaid Systems Limited Commissioner concerned : Director of Income-tax (International Taxation) Hyderabad R U L I N G [By Justice P.K. Balasubramanyan] The applicant is a company incorporated under the laws of British Virgin Islands. It was previously known as ‘In touch Technologies Holdings Limited’, the predecessor of which in turn was â€...