https://www.taxtmi.com/caselaws?id=36284 The court held that there was no business connection between the Indian company and the non-resident foreign company under section 9 of the Income-tax Act, 1961. The activities of the foreign company, conducted outside India on f.o.b. terms, did not establish tax liability in India. The Indian company was assessed as an agent of the foreign company, with no taxable presence in India. Consequently, assessments for the relevant years were overturned in favor of the assessee, who was awarded costs. en-us Fri, 02 May 1980 00:00:00 +0530 Sat, 20 Mar 2010 13:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36284 The court held that there was no business connection between the Indian company and the non-resident foreign company under section 9 of the Income-tax Act, 1961. The activities of the foreign company, conducted outside India on f.o.b. terms, did not establish tax liability in India. The Indian company was assessed as an agent of the foreign company, with no taxable presence in India. Consequently, assessments for the relevant years were overturned in favor of the assessee, who was awarded costs. Case-Laws Income Tax Fri, 02 May 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36284