Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1998 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1998 (1) TMI 50 - HC - Income TaxExtract: .......is no other interest of the foreign company in the Indian company. Therefore, it cannot be said that there is any business connection or the salary and other expenses paid to the technical personnel will amount to the expenses incurred in business connection. Therefore, we answer both the questions against the Revenue and in favour of the assessee.
|