CBDT Instruction on Section 28(I) Of The Income – Tax Act, 1961 – Business Income – Chargeable As – Guidelines For Computation Of Income Of Foreign Contractors Engaged In The Business Of Exploration And Exploitation Of Oil & Natural Gas In India

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SECTION 28(i) OF THE INCOME – TAX ACT, 1961 – BUSINESS INCOME – CHARGEABLE AS – GUIDELINES FOR COMPUTATION OF INCOME OF FOREIGN CONTRACTORS ENGAGED IN THE BUSINESS OF EXPLORATION AND EXPLOITATION OF OIL & NATURAL GAS IN INDIA INSTRUCTION NO. 1767, DATED 1-7-1987 1. The question of taxability of the income of non-resident contractors engaged by…

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