Foreign Enterprise - Definition - Law Dictionary Home Dictionary Definition foreign-enterprise

Definition :

Foreign enterprise, a 'foreign enterprise' is an enterprise situate in a foreign country having been created or registered in accordance with the law of such country, Petron Engineering Construction P. Ltd. v. Central Board of Direct Taxes, AIR 1989 SC 501: (1989) Supp 2 SCC 7: (1988) Supp 3 SCR 1058. [Income Tax Act, 1961, s. 80-O]