https://www.taxtmi.com/caselaws?id=7466 A continuous and intimate Indian procurement arrangement can amount to a business connection where the non-resident's activities through the assessee involve sourcing raw material, vetting suppliers and supervising contracts up to shipment, making income attributable to that connection assessable in India. On the same facts, the assessee may be treated as a deemed agent, and the Income-tax Officer's estimate of income can be sustained if it is not shown to be perverse. The sequence and timing of notices under the agent-assessment procedure do not by themselves invalidate the assessments absent prejudice or denial of opportunity. Rectification was held competent where the original assessment contained an error apparent on the record and the correction could extend to the whole order. en-us Wed, 18 Dec 1968 00:00:00 +0530 Fri, 20 Feb 2009 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7466 A continuous and intimate Indian procurement arrangement can amount to a business connection where the non-resident's activities through the assessee involve sourcing raw material, vetting suppliers and supervising contracts up to shipment, making income attributable to that connection assessable in India. On the same facts, the assessee may be treated as a deemed agent, and the Income-tax Officer's estimate of income can be sustained if it is not shown to be perverse. The sequence and timing of notices under the agent-assessment procedure do not by themselves invalidate the assessments absent prejudice or denial of opportunity. Rectification was held competent where the original assessment contained an error apparent on the record and the correction could extend to the whole order. Case-Laws Income Tax Wed, 18 Dec 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7466