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[Cites 0, Cited by 0] [Section 173] [Entire Act]

Union of India - Subsection

Section 173(b) in The Income Tax Act, 2025

(b)"enterprise" means a person (including a permanent establishment of such person) who is, or has been, or is proposed to be, engaged in any activity relating to––
(i)the production, storage, supply, distribution, acquisition or control of articles or goods; or
(ii)know-how, patents, copyrights, trade-marks, licences, franchises or any other business or commercial rights of similar nature; or
(iii)any data, documentation, drawing or specification relating to any patent, invention, model, design, secret formula or process of which the other enterprise is the owner or in respect of which the other enterprise has exclusive rights; or
(iv)provision of services of any kind; or
(v)carrying out any work in pursuance of a contract; or
(vi)investment or providing loan; or
(vii)business of acquiring, holding, underwriting or dealing with shares, debentures or other securities of any other body corporate,whether such activity or business is carried on, directly or through one or more of its units or divisions or subsidiaries, or whether such unit or division or subsidiary is located at the same place where the enterprise is located or at a different place or places;