Business Connection definition

Business Connection means that the expense must be a deductible business expense incurred in connection with services performed as an employee. If not reimbursed by the employer, the expense would qualify as a deductible expense by the employee on the employee’s 1040 income tax return. Reg. §1.62-2(d)
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Business Connection means a Connection requested by a Service Provider in relation to an End User that is a Business (but excluding an NBAP Connection). Candidate Area means the geographical area indicated as such on the candidate area map available at xxx.xxxxxx.xx.xx.
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Business Connection means the employee must have paid or incurred allowable business expenses while performing services as an employee. The reimbursement or advance must be payment for the expenses and must not be an amount that would have otherwise been paid to the employee as wages. Treas. Reg. Section 1.62-2(d)
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Examples of Business Connection in a sentence

  • If Customer already has such an IP address area and such can be used for the MTN Business connection, no additional registered IP address area shall be assigned.

  • MTN Business cannot guarantee, however, that other IP address areas previously assigned by other Internet providers can be reused for the MTN Business connection as a result of superseding guidelines.

  • Right-click on this header and click the Edit value box that appears.5. On the Basic tab of the popup that appears, enter the login details of a user for the EXO Business connection you’re using and click OK.

  • The non-resident shall be deemed to constitute Business connection in India and in such a situation TDS has to be made based on a 197 /195(3)/195(2) certificate issued by the Income Tax Authorities in India in order to avoid any future litigation."50.0 ANTI-DUMPING DUTY:The Clause No. 3.0 in Section-‘E’ (Special Terms & Conditions for Tubulars) of General Terms & Conditions for Global Tender (MM-GLOBAL/E-01-2005- July 2012) on Anti-Dumping Duty stands deleted.

  • BUDGET 2018Permanent Establishment – Business Connection It is Proposed amend clause (i) of sub-section (1) of section 9 whereby business activity carried through a person who either regularly concludes a contract or plays principal role in concluding the contract for a non-resident shall be treated as Business connection for the purpose of identifying the PE in India subject to certain other conditions in respect of the contract.

  • The non-resident shall be deemed to constitute Business connection in India and in such a situation TDS has to be made based on a 197 /195(3)/195(2) certificate issued by the Income Tax Authorities in India in order to avoid any future litigation." 50.0 ANTI-DUMPING DUTY:The Clause No. 3.0 in Section-‘E’ (Special Terms & Conditions for Tubulars) of General Terms & Conditions for Global Tender (MM-GLOBAL/E-01-2005- July 2012) on Anti-Dumping Duty stands deleted.

  • Dy.CIT (2012) 53 SOT 103 (Chennai)(Trib.) S.9: Income deemed to accrue or arise in India - Business connection - Offshore supply of equipment - Right title has passed outside India and the applicant is not owner, amount received is not liable to tax in India.As per the terms of the contract, applicant is responsible for off shore supplies, off shore services and mandatory spares (for off shore supplies).

  • IRC §162 As discussed in section 2, the accountable plan rules require the following: Business connection – the expenses must qualify as a business expense to the employer and would qualify as a deduction on the employee's Form 1040 as an employee business expense, if the employer did not reimburse the expense. Substantiation of amount, date and time, place, and business purpose. Excess returned within a reasonable time.

  • In any other case- (i.e. where there is no DTAA) and supply involves pure supply of goods and payment exceeds Rs.2 Crore as per amendment u/s 9(1): The non #resident shall be deemed to constitute Business connection in India in such a situation and TDS has to be made preferably based on a 197/195(3)/195(2) certificate issued by the Income Tax Authorities in India in order to avoid any future litigation.

  • However, if his activities are limited to the purchase of goods or merchandise for the non-resident, this provision will not apply.(iii) Where he has no such authority, but habitually maintains in India a stock of goods or merchandise from which he regularly delivers goods or merchandise on behalf of the non-resident, a business connection is established.(iv) Business connection is also established where he habitually secures orders in India, mainly or wholly for the non-resident.


More Definitions of Business Connection

Business Connection means a relationship resulting in transaction value equivalent to 10% of the turnover of that company or business.
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Business Connection means a Connection requested by a Service Provider in relation to an End User that is a Business (but excluding an NBAP Connection) Central Office means the building which terminates local access fibres and may house both LFC and Service Provider equipment required for providing services over the access fibre network. Central Office and POI Co-location Service means a service that provides co-location facilities for a Service Provider‟s equipment, and access to a Handover Point, at the LFC‟s Central Office solely for the purposes of providing access to, and interconnection with, the LFC Network as described in the Central Office and POI Co-location Service description Central office ID means a unique alphanumeric identifier assigned by the LFC to an Central Office. Central Office Entry Point means the congregation point for all ducts and cables that enter a Central Office that is nominated by the LFC as the Central Office entry point, usually a manhole. Co-location Build means the build work required by the LFC to provide the co-location footprint requested by the Service Provider CIR means committed Information Rate. This is the amount of guaranteed throughput – frames submitted within this throughput will be considered discard ineligible by the network. Communal Infrastructure means any fibre network infrastructure in the Coverage Area which is deployed independently of any End-User Specific Infrastructure and which is not located on Premises, including any of the following within the Coverage Area: (a) Interconnection Points; (b) Central Offices; (c) cabinets and/or fibre cross connection points; (d) intra-Coverage Area backhaul fibre connecting the interconnection points, Central Offices and cabinets; (e) distribution fibre running along each street, past Premises; (f) feeder fibre running from Central Offices to cabinets or fibre cross connection points; (g) associated ducts and other fixed civil infrastructure required to deploy fibre; and (h) passive optical equipment installed in the LFC cabinet and/or a Central Office. Term Definition Connection means (a) the cable joining the Fibre Access Point to the External Termination Point of a Premises, with such cable to be either from the pit on the adjoining boundary of two properties where the Fibre Access Point is located in underground deployment, or from the pole nearby to a number of premises in aerial deployment; and (b) all other infrastructure (excluding Communal Infrastructure) necessary to enab...
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Business Connection means a Connection requested by a Service Provider in relation to an End User that is a Business. Business Distribution Service means a PONFAS Distribution Service to a Business Premises. Business Premises has the meaning given to that term in the Bitstream Operations Manual. Candidate Area means the geographical area indicated as such on the candidate area map available at xxx.xxxxxx.xx.xx.
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Business Connection. – shall mean a supplier/customer relationship, a relationship between a service provider and the party receiving the services, the giving or receiving of loans, the leasing of assets, a business partnership, joint ventures, joint ownership of assets, or any other commercial or economic connection, either direct or indirect, either on a regular or one-time basis, other than a relationship resulting from the provision of the following services:
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Business Connection means a Connection requested by an RSP in relation to an End User that is a Business (but excluding an NBAP Connection); Business Day has the meaning given in clause 1.3(b)(xvi) of the Base Agreement;
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Related to Business Connection

  • Cross Connection means a jumper cable or similar connection provided pursuant to Collocation at the digital signal cross connect, Main Distribution Frame or other suitable frame or panel between (i) the Collocating Party’s equipment and (ii) the equipment or facilities of the housing party.

  • Illicit connection means any man-made conveyance connecting an illicit discharge directly to a municipal separate storm sewer.

  • Water Connection means the point where a water service line attaches to a water main, thereby allowing water to flow from the City’s water system to an individual customer.

  • Service Connection means all cables and equipment required to connect the supply mains to the electrical installation of the consumer at the point of supply;

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • Business concern means any corporation, company, limited liability company, partnership, joint venture, trust, unincorporated association or any other form of association.

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Water Service Connection means the pipes and fixtures used for the purpose of supplying any premises in the Municipality with water from the Corporation’s water works that is located between the Corporation’s watermain in the street and the street property line abutting the premises so supplied.

  • Interconnection Regulations means the Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) Regulations, 2017 (as amended).

  • Business Customer means a customer who is not a residential customer.

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • Interconnection is As Defined in the Act.

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Interconnection arrangements means arrangements governing the physical connection of two or more networks to allow the use of another's network to hand off traffic where it is ultimately delivered (e.g., connection of a customer of telephone provider A to a customer of telephone company B) or sharing data and other information resources.

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request:

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Customer Systems means the Customer's information technology infrastructure, including computers, software, hardware, databases, electronic systems (including database management systems) and networks, whether operated directly by Customer or through the use of third-party services.

  • China Connect Service means the order-routing service through which Northbound orders placed by an Exchange Participant may be transmitted by an SEHK Subsidiary to the corresponding China Connect Market for the buying and selling of China Connect Securities and any related supporting services.

  • Sewer connection means the connection of a structure or project to a public sewer system.

  • System with a single service connection means a system which supplies drinking water to consumers via a single service line.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Interconnection Service(s means any Interconnection, Resale Services, 251(c)(3) UNEs, Collocation, functions, facilities, products or services offered under this Agreement.

  • Micro Business means a company which either:

  • Disconnection means a deactivation of connection assets that results in cessation of distribution services to a consumer;

  • Business Software means with respect to a Licensor, all Software to the extent Controlled by such Licensor or any of its Affiliates as of the Effective Date, which Software is reasonably required as of the Effective Date for the conduct of (i) the Agriculture Business if the Licensee is AgCo, including as listed on section (i) of Schedule Q, or (ii) the Materials Science Business if the Licensee is MatCo, including as listed on section (ii) of Schedule Q, in each case (in respect of the foregoing (i) and (ii)), only if and to the extent such Licensee and its Affiliates have not been granted a license or other rights to use such Software under the Separation Agreement or any other Ancillary Agreement. Notwithstanding the foregoing, Business Software expressly excludes any and all Excluded IP.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.