HOW to avoid messing up reforms & check slowing down a booming economy? If an international study on this issue is written, Indian taxation reforms would figure in it prominently. And evidence on this count especially on the big-bang goods and service tax (GST) keeps piling up.
Changes in the provision relating to deemed accrual of income in India by Budget 2020
SECTION 9 of the Income Tax Act deems certain incomes to accrue or arise in India even if these may not accrue under the ordinary interpretation of accrual in India. In the context of a non-resident carrying