Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Non-resident income estimation allows assessment by turnover, proportional profits, or another suitable method when actual income cannot be ascertained. Determination of income accruing or arising to a non-resident may be made on an estimated basis where the actual amount cannot be definitely ascertained from a business connection, property, asset, source of income, or money lent at interest and brought into India. The Assessing Officer may calculate such income by applying a reasonable percentage to turnover, by proportionately allocating total profits and gains according to receipts attributable to the business, or by any other suitable method.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Non-resident income estimation allows assessment by turnover, proportional profits, or another suitable method when actual income cannot be ascertained.
Determination of income accruing or arising to a non-resident may be made on an estimated basis where the actual amount cannot be definitely ascertained from a business connection, property, asset, source of income, or money lent at interest and brought into India. The Assessing Officer may calculate such income by applying a reasonable percentage to turnover, by proportionately allocating total profits and gains according to receipts attributable to the business, or by any other suitable method.
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