International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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TAXATION OF A NON-RESIDENT IN INDIA (BUSINESS CONNECTION VIS-À-VIS PERMANENT ESTABLISHMENT)

    1 Author(s):  LOKESH PRAJAPAT

Vol -  12, Issue- 4 ,         Page(s) : 37 - 42  (2021 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Taxation of income of a NR in India involves consideration of various key areas under taxation laws, in order to conclude a reasonable tax position for the NR(s). Income-tax department (‘Department’) in India keeps an eye on the taxation of the income of a NR, to ensure fair revenue collection and to mitigate tax evasion practices by the NR(s) for transactions in/ accrued in India, especially, the MNCs through complex organizational structures and activities.

1. Mumbai ITAT ruling in case of Volkswagen Finance Pvt. Ltd dated 19 march 2020 (TS-172-ITAT).
2. Incometaxindia.gov.in for quoting Income Tax Provisions.
3. BizCon here means Business Connection.

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