Tag Archives: accrue

Involuntary presence rules out resident status: DHC

The Delhi High Court recently ruled that the assesse is to be considered as non-resident Indian for the purposes of the Income Tax Act for the period for which he was in India ‘involuntarily’ on account of his passport having … Continue reading

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Mere co-operation doesn’t result in an AOP: DHC

In an important ruling that seems to provide clarity on taxation of turnkey contract consortiums, the Delhi High Court ruled that ‘mere corporation’ between consortium members should not result in an Association of Persons (“AOP”) tax risk in India. The … Continue reading

Posted in Banking Law, Company Law, Contract Law, Income Tax Law, International Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment