TMI BlogCourt Finds No Wrongful Intent in Splitting Composite Turnkey Project into Three Contracts to Avoid Tax in India.Composite, continuous and inseparable project - computation of table income in India - turnkey project - P.E. in India - allegation of avoidance of tax by splitting the alleged composite contract into three different contracts - the intention of the parties to have three different contracts is proved - there is no wrong intention. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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