https://www.taxtmi.com/caselaws?id=418446 The Tribunal upheld the decision of the Commissioner (Appeals) in favor of the assessee, a non-resident company, determining that income from contracts in India was effectively connected to the Permanent Establishment (PE) and should be taxed on a net basis under section 44DA of the Income Tax Act. The Tribunal emphasized the importance of considering all relevant documents and activities to accurately assess tax liability. The appeal by the Revenue was dismissed, affirming the decision that the income was connected to the PE and taxable on a net basis. en-us Tue, 08 Feb 2022 00:00:00 +0530 Tue, 03 May 2022 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418446 The Tribunal upheld the decision of the Commissioner (Appeals) in favor of the assessee, a non-resident company, determining that income from contracts in India was effectively connected to the Permanent Establishment (PE) and should be taxed on a net basis under section 44DA of the Income Tax Act. The Tribunal emphasized the importance of considering all relevant documents and activities to accurately assess tax liability. The appeal by the Revenue was dismissed, affirming the decision that the income was connected to the PE and taxable on a net basis. Case-Laws Income Tax Tue, 08 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418446