Income deemed to accrue in India: sourcing rules for employment, dividends, interest, royalty and service fees. Income is deemed to accrue in India if it arises through a business connection, property, asset or source in India, or from transfer of a capital asset ... Summary
Income deemed to accrue in India: sourcing rules for employment, dividends, interest, royalty and service fees.
Income is deemed to accrue in India if it arises through a business connection, property, asset or source in India, or from transfer of a capital asset situated in India. Specific receipts treated as Indian-sourced include employment income for services in India, dividends from Indian companies, interest and royalties from the Government or residents, and interest, royalty, technical fees and transportation charges tied to business or income-earning activities in India. For part India businesses, only income reasonably attributable to Indian operations is sourced to India, and specified exceptions apply to non-residents. The sourcing rules apply regardless of payment location or place of service.
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