https://www.taxtmi.com/acts?id=44909 Profits of an enterprise are taxable only in the State of residence unless business is carried on in the other State through a permanent establishment, in which case only profits attributable to that permanent establishment may be taxed there. Attribution treats the permanent establishment as a distinct and separate enterprise; allowable deductions include expenses incurred for the permanent establishment, subject to local tax law, but exclude non reimbursement charges between the permanent establishment and head office such as royalties, fees, commissions, management charges and, except for banking, interest. en-us Wed, 16 Oct 2024 16:51:54 +0530 Tue, 22 Oct 2024 14:32:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44909 Profits of an enterprise are taxable only in the State of residence unless business is carried on in the other State through a permanent establishment, in which case only profits attributable to that permanent establishment may be taxed there. Attribution treats the permanent establishment as a distinct and separate enterprise; allowable deductions include expenses incurred for the permanent establishment, subject to local tax law, but exclude non reimbursement charges between the permanent establishment and head office such as royalties, fees, commissions, management charges and, except for banking, interest. Act-Rules DTAA Wed, 16 Oct 2024 16:51:54 +0530 https://www.taxtmi.com/acts?id=44909