https://www.taxtmi.com/acts?id=44723 Business profits are taxable in the enterprise's State of residence except insofar as profits are attributable to a permanent establishment in the other State; such attributable profits are to be determined as those the permanent establishment would make if it were a distinct and separate enterprise dealing wholly independently with the head office. Deductions permitted include expenses incurred for the purposes of the permanent establishment, but amounts other than reimbursements charged between head office and permanent establishment for royalties, fees, commissions, management charges or, except for banks, interest, are not allowed. en-us Wed, 16 Oct 2024 14:19:33 +0530 Tue, 22 Oct 2024 15:43:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44723 Business profits are taxable in the enterprise's State of residence except insofar as profits are attributable to a permanent establishment in the other State; such attributable profits are to be determined as those the permanent establishment would make if it were a distinct and separate enterprise dealing wholly independently with the head office. Deductions permitted include expenses incurred for the purposes of the permanent establishment, but amounts other than reimbursements charged between head office and permanent establishment for royalties, fees, commissions, management charges or, except for banks, interest, are not allowed. Act-Rules DTAA Wed, 16 Oct 2024 14:19:33 +0530 https://www.taxtmi.com/acts?id=44723