https://www.taxtmi.com/caselaws?id=161989 The text explains that, under the Income-tax Act, 1922, a company could be taxed on income accruing outside British India if its residence and the statutory charging provisions brought its total income within charge and there was sufficient territorial nexus with British India. It also states that territorial jurisdiction for assessment under section 64(1) followed the place where the business was carried on, and that a partner could be treated as carrying on the firm's business even without active management. On that basis, foreign income was treated as taxable and assessment by the officer having jurisdiction over the firm's place of business was valid. en-us Tue, 17 Feb 1948 00:00:00 +0530 Thu, 13 Feb 2014 16:49:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161989 The text explains that, under the Income-tax Act, 1922, a company could be taxed on income accruing outside British India if its residence and the statutory charging provisions brought its total income within charge and there was sufficient territorial nexus with British India. It also states that territorial jurisdiction for assessment under section 64(1) followed the place where the business was carried on, and that a partner could be treated as carrying on the firm's business even without active management. On that basis, foreign income was treated as taxable and assessment by the officer having jurisdiction over the firm's place of business was valid. Case-Laws Income Tax Tue, 17 Feb 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161989