https://www.taxtmi.com/article/detailed?id=12088 Income attributable to Indian operations for cross-border businesses is to be determined by a FAR analysis (Functions, Assets, Risks). Where services are provided offshore but bookings or distribution occur in India, only the portion of income reasonably attributable to operations carried out in India is taxable here, and commissions paid to local distribution agents are deductible in measuring that attributable income. en-us Fri, 01 Dec 2023 10:10:20 +0530 Fri, 01 Dec 2023 10:10:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12088 Income attributable to Indian operations for cross-border businesses is to be determined by a FAR analysis (Functions, Assets, Risks). Where services are provided offshore but bookings or distribution occur in India, only the portion of income reasonably attributable to operations carried out in India is taxable here, and commissions paid to local distribution agents are deductible in measuring that attributable income. Articles Income Tax Fri, 01 Dec 2023 10:10:20 +0530 https://www.taxtmi.com/article/detailed?id=12088