https://www.taxtmi.com/caselaws?id=181720 The Supreme Court affirmed the applicability of Section 44C of the Income Tax Act 1961 to a non-resident company, ruling in favor of the assessee. The expenses incurred by the company at its head office were considered related to Indian operations, as determined by the lower courts and supported by a precedent from the Calcutta High Court. The revenue's failure to appeal against the Calcutta High Court decision led to the conclusion that Section 44C applied, emphasizing the importance of conscious decisions regarding appeals and the impact of not challenging previous judgments. en-us Tue, 26 Aug 2008 00:00:00 +0530 Fri, 22 Apr 2016 16:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181720 The Supreme Court affirmed the applicability of Section 44C of the Income Tax Act 1961 to a non-resident company, ruling in favor of the assessee. The expenses incurred by the company at its head office were considered related to Indian operations, as determined by the lower courts and supported by a precedent from the Calcutta High Court. The revenue's failure to appeal against the Calcutta High Court decision led to the conclusion that Section 44C applied, emphasizing the importance of conscious decisions regarding appeals and the impact of not challenging previous judgments. Case-Laws Income Tax Tue, 26 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181720