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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Business connection in India - Existence of Fixed PE In India ...

Income Tax

March 12, 2016

Business connection in India - Existence of Fixed PE In India and service PE In India - s even if assumed that there is a PE in India of the assessee no profit can be attributed to it as FAR (Functions performed, Assets deployed and Risk Assumed) such PE has already been compensated at arm's length price and therefore nothing more should be attributed to it. - AT

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