https://www.taxtmi.com/caselaws?id=277307 Foreign income of a resident assessee was not brought within the deeming fiction of Section 42 as income accruing or arising in British India, because Section 42 was structured as a special provision for non-residents and special cases rather than a general rule converting foreign accrual into Indian accrual. Read with Section 4(1)(b), income shown to have accrued outside British India remained outside the deemed Indian source. On that basis, the assessee retained entitlement to the deduction under the third proviso to Section 4(1). en-us Mon, 26 Mar 1945 00:00:00 +0630 Sat, 01 Dec 2018 10:21:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277307 Foreign income of a resident assessee was not brought within the deeming fiction of Section 42 as income accruing or arising in British India, because Section 42 was structured as a special provision for non-residents and special cases rather than a general rule converting foreign accrual into Indian accrual. Read with Section 4(1)(b), income shown to have accrued outside British India remained outside the deemed Indian source. On that basis, the assessee retained entitlement to the deduction under the third proviso to Section 4(1). Case-Laws Income Tax Mon, 26 Mar 1945 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=277307