HON'BLE SUPREME COURT MATTER OF SLP NO. 4322-4324/2019

The Hon'ble Supreme Court has passed an order in the matter of SLP No. 4322-4324/2019.

The case pertains to the interpretation of certain provisions of the Income Tax Act, 1961.

The Court has held that the provisions in question do not apply to the income earned by a non-resident from a foreign company.

The order is likely to have far-reaching implications for non-residents earning income from foreign companies.

It is expected to provide relief to such non-residents from the burden of complying with certain provisions of the Income Tax Act.

The Court has also observed that the interpretation of the provisions in question is a matter of law and not of fact.

This means that the order is likely to have a wider impact on the interpretation of similar provisions in other cases as well.