https://www.taxtmi.com/acts?id=3155 Income of non residents is deemed to accrue or arise in India if it is derived through a business connection in India, from property, assets or sources in India, or by transfer of a capital asset situate in India; only the portion reasonably attributable to operations in India is taxable. Business connection includes persons habitually concluding contracts, maintaining stock for delivery, or securing orders, and extends to significant economic presence through prescribed transactions or systematic interaction. Specified heads-salaries earned in India, certain dividends, interest, royalty and fees for technical services-are treated as Indian income subject to defined exceptions and explanatory definitions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 26 Aug 2025 16:24:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3155 Income of non residents is deemed to accrue or arise in India if it is derived through a business connection in India, from property, assets or sources in India, or by transfer of a capital asset situate in India; only the portion reasonably attributable to operations in India is taxable. Business connection includes persons habitually concluding contracts, maintaining stock for delivery, or securing orders, and extends to significant economic presence through prescribed transactions or systematic interaction. Specified heads-salaries earned in India, certain dividends, interest, royalty and fees for technical services-are treated as Indian income subject to defined exceptions and explanatory definitions. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3155