TaxTMI 
TaxTMI 
Applicability of Income tax
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....pplicability of Income tax<br> Query (Issue) Started By: - SANJIV KOTHARI Dated:- 3-1-2013 Last Reply Date:- 10-1-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear If an Indian Company undertakes ....
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....turnkry project outside india which involve supply, erection & commissioning outside india and duration of project is 2-3 years. Operation outside india is monitored through site office in that countr....
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....y.India has no DTAA that country. Would there be any applicability of income tax in the country where projecte is undertaken ?? Reply By manoj kumar: The Reply: Sir, The applicability or non aplli....
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....cabiltiy of Income tax in that country depends upon the Tax incidence mechanism of that country. In india,Income Tax gets attracted on following incomes (for Resident): 1.Any income received or deem....
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....ed to be received in india by assesse or on behalf of such assessee during the year. 2.Any income which acrrue/arise or deemed to be accrue/arise in india during the year. 3.Accrues or arises outsid....
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....e india during the year. Conclusion - Applicabilty in India- As company is indian company(resident),so Indian income Tax is applicable on the income arising outside india. Outside India -Depends on....
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.... the Income Tax Law of that country<br> Discussion Forum - Knowledge Sharing ....