Income tax - Reliance pipeline project - Basic Engineering and Procurement services provided by Australian company fall within the scope of royalties and the receipts are taxable in India: AAR

By Vijay Kumar

The applicant is a company incorporated in Australia engaged in the business of providing professional services to the energy and resource industries. Reliance Petroleum Ltd, an Indian Company proposed to lay cross-country pipelines for transportation of hydro-carbons from Jamnagar to Bhopal and from Goa to Hyderabad.

We bring you an important Advance Ruling today. Please see Breaking News