Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2020 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (1) TMI 1554 - BOMBAY HIGH COURTSlot chartering would from a part of income from operations of ships exempt under Article 8 of the DTAA - Indo-UK DTAA - HELD THAT:- This Court in Director of Income Tax (International Taxation) v/s Balaji Shipping UK Ltd. [2012 (8) TMI 681 - BOMBAY HIGH COURT] - this Court was concerned with Article 9(1) of the Indo-UK DTAA. In the present case, Article 8 of Indo-German DTAA which is similar to Article 9(1) of the Indo-UK DTAA, arises for consideration. Therefore, the impugned order allowed the Respondent-Assessee's appeal before it by following the decision of this Court in Balaji Shipping UK Ltd. [2012 (8) TMI 681 - BOMBAY HIGH COURT] Revenue very fairly states that the issue stands concluded in favour of the Respondent-Assessee by the decision of this Court in Balaji Shipping UK (supra).
|