https://www.taxtmi.com/caselaws?id=241453 The Authority for Advance Rulings in New Delhi held that the application was admissible despite the timing of the return filing, as the issue raised was not pending before the Income-tax Authorities. The ruling on the liability to tax in India for amounts received under a contract agreement between a Japanese company and an Indian corporation depended on the specific terms of the contract and relevant tax provisions. The classification of two companies involved in executing a contract as independent entities or an Association of Persons under the Income-tax Act required an analysis of their relationship and activities for tax purposes. en-us Fri, 13 Dec 2013 00:00:00 +0530 Mon, 07 Apr 2014 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241453 The Authority for Advance Rulings in New Delhi held that the application was admissible despite the timing of the return filing, as the issue raised was not pending before the Income-tax Authorities. The ruling on the liability to tax in India for amounts received under a contract agreement between a Japanese company and an Indian corporation depended on the specific terms of the contract and relevant tax provisions. The classification of two companies involved in executing a contract as independent entities or an Association of Persons under the Income-tax Act required an analysis of their relationship and activities for tax purposes. Case-Laws Income Tax Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241453