One of the most vexed terms in India- Business Connection is analysed threadbare. The BC Concept is something which has been a bone of contention between the Income-tax Department and Tax Payers across the years . It is critical in determining whether a foreign entity is taxable in India.

One of the most vexed terms in international taxation- Permanent Establishment is analysed threadbare. The PE Concept is something which has been a bone of contention between Tax Departments and Tax Payers across the world. It is critical in determining whether a foreign entity is taxable in India and whether an Indian entity is taxable abroad.

Interpretation of these two terms by India's tax authorities and Courts are often critical determinants of whether an entity is taxable in India or not. Grey areas abound, in their applicability to Liaison or Representative Offices, for example. This product takes the reader through this legal thicket, and explains how to use case law, procedures etc. to avoid unnecessary tax liability.

Several major transactions have failed to deliver the planned tax benefits, or have invited adverse, unplanned tax consequences. This online product will guide consultants and parties to a transaction involving sale of a business undertaking to ensure that this does not happen.