https://www.taxtmi.com/acts?id=51851 Section 306 treats as an agent of a non-resident any person in India employed by or on behalf of the non-resident, having a business connection with the non-resident, from or through whom the non-resident receives income, and trustees; it also includes any person who acquires a capital asset in India by transfer. A broker dealing through a non-resident broker is not an agent for those transactions if both act in the ordinary course of business and the non-resident is not a principal. No one shall be treated as agent without an opportunity to be heard, and "business connection" is as defined elsewhere. en-us Thu, 14 Aug 2025 17:39:35 +0530 Wed, 20 Aug 2025 15:07:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51851 Section 306 treats as an agent of a non-resident any person in India employed by or on behalf of the non-resident, having a business connection with the non-resident, from or through whom the non-resident receives income, and trustees; it also includes any person who acquires a capital asset in India by transfer. A broker dealing through a non-resident broker is not an agent for those transactions if both act in the ordinary course of business and the non-resident is not a principal. No one shall be treated as agent without an opportunity to be heard, and "business connection" is as defined elsewhere. Act-Rules Income Tax Thu, 14 Aug 2025 17:39:35 +0530 https://www.taxtmi.com/acts?id=51851