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Query Details

Asked by Prashant on :Jun. 13, 2018

Hi everyone,I am doing a business of purchase of…

Hi everyone,I am doing a business of purchase of goods in India for the export. I am non-resident …

Hi everyone,

I am doing a business of purchase of goods in India for the export. I am non-resident Indian. Does it mean business connection in India?

0

Jeeba Jun. 13, 2018

Section 9(1)(i) of the income tax act explains certain business works that does not amounts to business connection in India. This section clearly states that no income shall be deemed to accure or arise in India for the purchase of goods for export outside India.

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