Section 17, The Finance Act, 2013

Section 90 of the Income Tax Act,2000 is amended by theinsertion of the following new paragraph immediately after paragraph (c) of subsection (6)– “(d) Foreign permanent establishment “ means a fixed place of business of a resident person situated in a foreign country where the business is conducted continuously for at least 183 days, but excludes any place at which only activities of a preparatory or auxiliary nature are conducted.”