LETTER [F.NO.370142/11/2018-TPL], DATED 30-8-2018

SECTION 9 OF THE INCOME-TAX ACT, 1961 – INCOME – DEEMED TO ACCRUE OR ARISE IN INDIA – FRAMING OF INCOME-TAX RULES RELATING TO SIGNIFICANT ECONOMIC PRESENCE AS PER SECTION 9(1)(i) – EXTENSION OF TIME FOR FURNISHING OF COMMENTS AND SUGGESTIONS FROM 10-8-2018 TO 30-9-2018

LETTER [F.NO.370142/11/2018-TPL]DATED 30-8-2018

In order to frame income-tax rules relating to ‘Significant Economic Presence’ as per section 9(l)(i) of the Income-Tax Act, 1961, communication dated 13th July, 2018, inviting comments and suggestions of stakeholders and the general public was uploaded on the website of the Income-tax Department (www.incometaxindia.gov.in). The last date for furnishing of comments and suggestions was 10th August, 2018.

In view of the representations received requesting for extension of the time for furnishing of comments and suggestions, the last date for furnishing of comments and suggestions on the subject matter is extended up to 30th September, 2018. The comments and suggestions may be sent electronically latest by 30th September, 2018 at the email address ustpl3@nic.in.

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