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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Change in jurisdiction - Merely because the parties were doing ...


Court Rules Business Dealings Alone Don't Justify Tax Jurisdiction Transfer; Significant Financial Connection Needed.

July 11, 2015

Case Laws     Income Tax     HC

Change in jurisdiction - Merely because the parties were doing business in the normal course inter se, would not be a ground as such to transfer the assessment in the absence of any major financial nexus - HC

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