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2016 (7) TMI 1377 - ITAT MUMBAIApplicability of benefits of Article 8 of DTAA between India and Germany on freight income - claim of the Assessing Officer was that though in principle assessee was eligible for the benefits under Article-8 of the India-Germany, DTAA, but the profits relating to the goods transported through feeder vessels would not qualify for the benefits of Article -8 of the treaty - Held that:- In a similar situation in assessment year 2007-08, the Tribunal in assessee’s own case following the judgment of the Hon'ble Bombay High Court in the case of DIT (IT) vs. Balaji Shipping U.K. Ltd., (2012 (8) TMI 681 - BOMBAY HIGH COURT) held that the benefits of the DTAA between India and Germany would be available to the assessee even in respect of revenues earned from Feeder vessels obtained by the assessee by slot hire arrangements. - Decided against revenue
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