https://www.taxtmi.com/caselaws?id=26086 The High Court held that the payment of 800,000 Canadian dollars received by the non-resident company for supplying know-how to Hindusthan Steel Ltd. was not taxable in India as it did not arise from any business connection in India. The court emphasized that the transaction for the supply of know-how occurred entirely outside India, and no income accrued within taxable territories in India. The court also affirmed that the supply of know-how and subsequent advisory services were separate transactions, with the former not establishing a business connection in India. en-us Tue, 10 Jun 1986 00:00:00 +0530 Tue, 02 Feb 2010 16:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26086 The High Court held that the payment of 800,000 Canadian dollars received by the non-resident company for supplying know-how to Hindusthan Steel Ltd. was not taxable in India as it did not arise from any business connection in India. The court emphasized that the transaction for the supply of know-how occurred entirely outside India, and no income accrued within taxable territories in India. The court also affirmed that the supply of know-how and subsequent advisory services were separate transactions, with the former not establishing a business connection in India. Case-Laws Income Tax Tue, 10 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26086