Better off this way
It is not infrequent that foreign enterprises are engaged in India in more than one business activity. There are numerous examples where foreign companies take up several projects with the same party or with different parties. In all such cases, determination of the existence of permanent establishment in India may pose some practical difficulties. If there is a permanent establishment, business profits will be charged to Indian tax. If there is no permanent establishment, such income will not be subjected to Indian income-tax.
The term permanent establishment as defined in the tax treaties includes a building site, a construction, assembly or installation project or s
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app