https://www.taxtmi.com/news?id=20260 Significant Economic Presence expands "business connection" under Section 9(1)(i) to include specified transactions in goods, services or property (including data or software downloads) exceeding prescribed payment thresholds, and systematic digital solicitation or interaction with a prescribed number of users. The rule applies irrespective of contract location or physical presence, and only income attributable to those transactions or interactions is treated as arising in India. The government has sought stakeholder comments to prescribe revenue and user-number thresholds to operationalise SEP. en-us Fri, 13 Jul 2018 17:02:42 +0530 Fri, 13 Jul 2018 17:02:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20260 Significant Economic Presence expands "business connection" under Section 9(1)(i) to include specified transactions in goods, services or property (including data or software downloads) exceeding prescribed payment thresholds, and systematic digital solicitation or interaction with a prescribed number of users. The rule applies irrespective of contract location or physical presence, and only income attributable to those transactions or interactions is treated as arising in India. The government has sought stakeholder comments to prescribe revenue and user-number thresholds to operationalise SEP. News - Fri, 13 Jul 2018 17:02:42 +0530 https://www.taxtmi.com/news?id=20260