Can anybody describe section 9(1)?
Ashwini Sharma (Articleship under CA) (114 Points)
08 December 2009Can anybody describe section 9(1)?
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 08 December 2009
As per Section 9 Income deemed to accrue or arise in India
1 If any income is accrue or arise through or from any business connection in India. Only that part of the turnover from such business shallbe deemed to accrue or arise in India which was carried out in India.