Business income accruing or arising to the applicant can be taxed in India only in respect of such operations carried out in India – AAR

CTCI Overseas Corporation Ltd. In Re (AAR)- In the present case, though the applicant has a business connection in India, it has not carried out any part of the business relating to offshore supplies in India. Under the  deeming provision of section 9(1) read with Explanation 1(a), any business income accruing or arising to the applicant can be taxed in India only in respect of such operations carried out in India.

All that is income in the transaction for supplies has not arisen in India as the right, title,

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