https://www.taxtmi.com/acts?id=52149 Profits are taxable only in the State of the enterprise unless business is carried on through a permanent establishment in the other State, in which case only profits attributable to that permanent establishment may be taxed there. Attributed profits are those the permanent establishment would be expected to make as a distinct and separate enterprise under similar conditions. Deductions are allowed for expenses incurred for the permanent establishment's business subject to the taxing State's laws, with specified limits on inter-company charges and exceptions for banking interest. en-us Tue, 04 Nov 2025 17:25:40 +0530 Tue, 04 Nov 2025 17:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52149 Profits are taxable only in the State of the enterprise unless business is carried on through a permanent establishment in the other State, in which case only profits attributable to that permanent establishment may be taxed there. Attributed profits are those the permanent establishment would be expected to make as a distinct and separate enterprise under similar conditions. Deductions are allowed for expenses incurred for the permanent establishment's business subject to the taxing State's laws, with specified limits on inter-company charges and exceptions for banking interest. Act-Rules DTAA Tue, 04 Nov 2025 17:25:40 +0530 https://www.taxtmi.com/acts?id=52149