https://www.taxtmi.com/caselaws?id=191277 A business connection in British India can bring a non-resident's profits and dividends within Indian tax under section 42(1) of the Indian Income-tax Act, 1922, even where the income accrues indirectly through arrangements controlled from abroad. The Bombay company's formation to conduct the non-resident's Indian business, together with complete share control securing the flow of business, was treated as sufficient to establish the requisite connection. That same business connection also brought the Bombay company within section 43 as an agent of the non-resident, and receipt of the profits by the Bombay company was not required for agency to arise. en-us Tue, 16 Dec 1930 00:00:00 +0530 Tue, 25 Apr 2017 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191277 A business connection in British India can bring a non-resident's profits and dividends within Indian tax under section 42(1) of the Indian Income-tax Act, 1922, even where the income accrues indirectly through arrangements controlled from abroad. The Bombay company's formation to conduct the non-resident's Indian business, together with complete share control securing the flow of business, was treated as sufficient to establish the requisite connection. That same business connection also brought the Bombay company within section 43 as an agent of the non-resident, and receipt of the profits by the Bombay company was not required for agency to arise. Case-Laws Income Tax Tue, 16 Dec 1930 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191277