Processing...
Continue shopping Go to cart

India - Ruling on the Taxation of Derivative Transactions for Foreign Institutional Investors

Country:
India
Author:
K. Susarla
Issue:
Derivatives & Financial Instruments, 2010 (Volume 12), No 4
Published:
14 July 2010
The Indian Advance Ruling Authority has ruled that income arising to a foreign institutional investor from a derivative transaction is “business income” and is not taxable in India in the absence of a permanent establishment.
 
Order Article