The Indian Authority for Advance Rulings (AAR) delivered a ruling dated 31 July 2008 in the case of Geoconsult ZT GMBH (2008-TIOL-11-ARA-IT) on whether a joint venture (JV) comprising a foreign company and two Indian companies was to be taxed in India as an "Association of Persons" (AOP) in respect of income from a contract (the Contract) with an Indian client.

(a) Facts. The Applican…

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