9911796707
TMI BlogAmendment of section 9.X X X X Extracts X X X X X X X X Extracts X X X X ..... o conclude contracts on behalf of the non-resident or habitually concludes contracts or habitually plays the principal role leading to conclusion of contracts by that non-resident and the contracts are-- (i) in the name of the non-resident; or (ii) for the transfer of the ownership of, or for the granting of the right to use, property owned by that non-resident or that non-resident has the rig ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in interaction with such number of users as may be prescribed, in India through digital means: Provided that the transactions or activities shall constitute significant economic presence in India, whether or not the non-resident has a residence or place of business in India or renders services in India: Provided further that only so much of income as is attributable to the transactions or acti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n-resident; or habitually secures orders in India, mainly or wholly for the non-resident or for that non-resident and other non-residents controlling, controlled by, or subject to the same common control, as that non-resident. The proviso to the said Explanation provides that such business connection shall not include any business activity specified therein. It is proposed to substitute clause ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection so as to provide that the significant economic presence of a non-resident in India shall constitute "business connection" of the non-resident in India and the "significant economic presence" for this purpose, shall mean- (a) any transaction in respect of any goods, services or property carried out by a non-resident in India including provision of download of data or software in India, if t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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