https://www.taxtmi.com/acts?id=44692 Profits of an enterprise are taxable only in its State of residence unless it operates in the other State through a permanent establishment; only profits attributable to that PE, including similar sales or activities effected through it, may be taxed there. Profits are attributed by treating the PE as a distinct and separate enterprise under similar conditions, with reasonable estimation permitted where necessary. Deductible expenses incurred for the PE are allowed subject to the taxing State's rules, but non reimbursement charges between PE and head office (royalties, management charges, commissions, and, except for banks, interest) are excluded in determining PE profits. en-us Wed, 16 Oct 2024 13:13:11 +0530 Wed, 23 Oct 2024 16:16:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44692 Profits of an enterprise are taxable only in its State of residence unless it operates in the other State through a permanent establishment; only profits attributable to that PE, including similar sales or activities effected through it, may be taxed there. Profits are attributed by treating the PE as a distinct and separate enterprise under similar conditions, with reasonable estimation permitted where necessary. Deductible expenses incurred for the PE are allowed subject to the taxing State's rules, but non reimbursement charges between PE and head office (royalties, management charges, commissions, and, except for banks, interest) are excluded in determining PE profits. Act-Rules DTAA Wed, 16 Oct 2024 13:13:11 +0530 https://www.taxtmi.com/acts?id=44692