https://www.taxtmi.com/acts?id=4733 Taxation is limited to industrial or commercial profits derived through a permanent establishment in the taxing territory; such profits are attributed by treating the establishment as an independent enterprise dealing at arm's length with the head office, and may be estimated reasonably where precise determination is impracticable. Income categories such as rents, royalties, interest, dividends, management charges, remuneration for labour or personal services, and income from ships or aircraft are excluded from "industrial or commercial profits" for attribution purposes. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 Nov 2024 15:39:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4733 Taxation is limited to industrial or commercial profits derived through a permanent establishment in the taxing territory; such profits are attributed by treating the establishment as an independent enterprise dealing at arm's length with the head office, and may be estimated reasonably where precise determination is impracticable. Income categories such as rents, royalties, interest, dividends, management charges, remuneration for labour or personal services, and income from ships or aircraft are excluded from "industrial or commercial profits" for attribution purposes. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4733