https://www.taxtmi.com/circulars?id=2894 Prior presumptive computation for advertising receipts of foreign telecasting companies is withdrawn; Assessing Officers must determine total income under the Income tax Act, invoking rule 10 where Indian accounts are absent. For residents of DTAA countries advertising and other business receipts are taxable in India only if a Permanent Establishment exists, with taxability decided on case facts; residents of non DTAA countries are taxed under domestic territorial provisions (section 5 read with section 9). en-us Mon, 05 Mar 2001 00:00:00 +0530 Wed, 21 Feb 2024 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2894 Prior presumptive computation for advertising receipts of foreign telecasting companies is withdrawn; Assessing Officers must determine total income under the Income tax Act, invoking rule 10 where Indian accounts are absent. For residents of DTAA countries advertising and other business receipts are taxable in India only if a Permanent Establishment exists, with taxability decided on case facts; residents of non DTAA countries are taxed under domestic territorial provisions (section 5 read with section 9). Circulars Income Tax Mon, 05 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2894