ISSUE:
Whether, in the circumstances of this case, the assessee company had any business connection in British India within the meaning of Section 42 (1) of the Act?
RULE:
Only a part of the operations which eventually result in the realisation of profits is carried on in British India has directed an apportionment of the profits so as to render liable to Indian income tax only that portion of the profits which can reasonably be attributed to the business operations that are carried on in British India.