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India To Be On Second List Of E-Commerce Project

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Last Updated : Jun 25 1999 | 12:00 AM IST

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

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First Published: Jun 25 1999 | 12:00 AM IST

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