{"url":"https://lrlabs.ai/t/morgan_stanley_attribution","engine":"deterministic","llm_in_path":false,"id":"morgan_stanley_attribution","question":"Does arm's-length remuneration extinguish PE profit attribution?","answer":"Where the Indian associated enterprise is remunerated at arm's length taking account of all risk-taking functions, nothing further remains attributable to the PE — DIT v. Morgan Stanley & Co Inc, (2007) 292 ITR 416 (SC). Existence and exposure are separate questions: a PE may exist with nil further attribution. Caveat: India–US Article 7(1)(b)-(c) carries a limited force of attraction for same-or-similar business.","pinpoint":"DIT v. Morgan Stanley & Co Inc, (2007) 292 ITR 416 (SC)","confidence":"judicial","as_at":"14 Aug 2026","note":"No string-verified quote held for this case yet — the absence of the mark is information."}