AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Furnishing of information or documents by an Indian concern in certain cases
X X X X Extracts X X X X
X X X X Extracts X X X X
....tly, its value substantially from the assets located in India, as referred to in Explanation 5 to clause (i) of sub-section (1) of section 9, and such company or, as the case may be, entity, holds, directly or indirectly, such assets in India through, or in, an Indian concern, then, such Indian concern shall, for the purposes of determination of any income accruing or arising in India under clause....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tractors in certain cases.- (1) Where any person (hereinafter referred to as the contractor) enters into a contract ^2[with another person for carrying out any work or for the supply of goods or services in connection therewith, the value of which work or supply or both exceeds fifty thousand rupees], he shall, within one month of the making of the contract, furnish to the Income-tax Offi....