https://www.taxtmi.com/caselaws?id=49330 Section 42(1) was construed to require a real and intimate relation, ordinarily with continuity, between a non-resident's outside-business activity and local activity that directly or indirectly contributes to profit-earning; mere local procurement of orders or communication of offers, without authority to conclude contracts, handle receipts or procure raw materials, does not create that business connection and therefore does not permit charging the non-resident's profits to tax in the agent's name under the domestic assessment machinery. The operative effect is that agents limited to procuring offers do not attract attribution of the non-resident's profits for taxation. en-us Tue, 06 Oct 1964 00:00:00 +0530 Thu, 21 Aug 2014 20:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49330 Section 42(1) was construed to require a real and intimate relation, ordinarily with continuity, between a non-resident's outside-business activity and local activity that directly or indirectly contributes to profit-earning; mere local procurement of orders or communication of offers, without authority to conclude contracts, handle receipts or procure raw materials, does not create that business connection and therefore does not permit charging the non-resident's profits to tax in the agent's name under the domestic assessment machinery. The operative effect is that agents limited to procuring offers do not attract attribution of the non-resident's profits for taxation. Case-Laws Income Tax Tue, 06 Oct 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49330