https://www.taxtmi.com/acts?id=53315 Income accruing or arising to a non-resident from an asset, source of income, property, or business connection in India may be assessed on an estimated basis where the actual amount cannot be definitely ascertained. In that situation, the Assessing Officer may determine the taxable income by applying a reasonable percentage to the turnover, by allocating a proportion of the total profits and gains corresponding to the Indian receipts against the business's total receipts, or by adopting any other suitable method. en-us Fri, 20 Mar 2026 17:32:59 +0530 Mon, 06 Apr 2026 11:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53315 Income accruing or arising to a non-resident from an asset, source of income, property, or business connection in India may be assessed on an estimated basis where the actual amount cannot be definitely ascertained. In that situation, the Assessing Officer may determine the taxable income by applying a reasonable percentage to the turnover, by allocating a proportion of the total profits and gains corresponding to the Indian receipts against the business's total receipts, or by adopting any other suitable method. Act-Rules Income Tax Fri, 20 Mar 2026 17:32:59 +0530 https://www.taxtmi.com/acts?id=53315