SLP granted against HC's order holding that 15% of profit of Dutch Co. was attributable to its PE in

IT/ILT : SLP granted against order of High Court where it was held that since assessee-Dutch company was engaged in providing travel industry services of Computerized Reservation System and its Indian distributor merely gave connection to Indian travel agents for booking and major functioning of collecting and data analysis/development took place in, USA, attribution of 15 per cent of assessee's profit to India was just and proper