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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Applicability of Section 115JB in respect of foreign company ...


Supreme Court rules MAT u/s 115JB does not apply to foreign firms without Indian Permanent Establishment. Appeals dismissed.

October 7, 2015

Case Laws     Income Tax     SC

Applicability of Section 115JB in respect of foreign company which does not have any Permanent Establishment (PE) in India - An appropriate amendment to the Income Tax Act in this regard will be carried out - Appeals disposed of. - SC

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