Real-Time EquityWire is available only to registered users. This is best for professional traders and people who track markets actively.Real-Time EquityWire is available only to registered users. This is best for professional traders and people who track markets actively.
Upholding a Delhi High Court order, the Supreme Court on Thursday ruled that Hyatt International Southwest Asia Ltd. has a fixed place of permanent establishment in India and therefore, its income is taxable under the Income Tax Act, 1967. Hyatt was incorporated under the Companies Law, Dubai International Financial Centre in the United Arab Emirates. The top court noted that it was undisputed that Hyatt's executives and employees paid frequent and regular visits to India to oversee operations.
Share this Story:
