HC Partly Reverses Law On Foreign Companies Interest Liability U/s. 234B

HIGH COURT OF DELHI AT NEW DELHI Judgment delivered on: 7th November, 2013 TA 327/2012, ITA 330/2012, ITA 338/2012 & ITA 339/2012 DIT-I, INTERNATIONAL TAXATION      versus ALCATEL LUCENT USA, INC.   ITA 328/2012, ITA 329/2012, ITA 336/2012, ITA 337/2012 & ITA 340/2012 DIT-I, INTERNATIONAL TAXATION versus ALCATEL LUCENT WORLD SERVICES INC JUDGMENTR.V.EASWAR, J 1. These are nine appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’). They are directed against the common order passed by the Inc...