WSA Shipping (Bombay) Private Ltd v. ADIT -ITAT Mumbai, Dated-13.05.2011

WSA Shipping (Bombay) Private Ltd Vs. ADIT (ITAT Mumbai), Decided on 13.05.2011 A relation between the business of a non-resident and activity carried on in India would result in a ‘business connection’ for the purpose of deemed accrual of income in India as well as for considering the resident as the agent of the non-resident Facts :-WSA Shipping (Bombay) Private Ltd („assessee‟) is engaged in the business of Cargo Consolidation commonly known in the business as Non Vessel Owners Cargo Carriers. The assessee is registered as a Multi modal Transport Operator (MTO) with the Mini...