Income-tax Act, 1961

C.-Representative assessees - Special cases

Who may be regarded as agent.

163. (1) For the purposes of this Act, "agent", in relation to a non-resident, includes any person in India-

(a)	-	who is employed by or on behalf of the non-resident; or
(b)	-	who has any business connection with the non-resident; or
(c)	-	from or through whom the non-resident is in receipt of any income, whether directly or indirectly; or
(d)	-	who is the trustee of the non-resident;

and includes also any other person who, whether a resident or non-resident, has acquired by means of a transfer, a capital asset in India :

Provided that a broker in India who, in respect of any transactions, does not deal directly with or on behalf of a non-resident principal but deals with or through a non-resident broker shall not be deemed to be an .... To read the full section download the app from Google Play store