Home Case Index All Cases Income Tax Income Tax + AAR Income Tax - 2008 (4) TMI AAR This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (4) TMI 36 - AAR - Income TaxThe applicant is a company incorporated in Australia entered into a contract with Gas Authority of India Limited to monitor the project known as 'Dehej - Vijaipur Gas Pipeline Project' - held that - The receipts under the contract with GAIL are not in the nature of royalties as defined in Article 12 of the DTAA between India and Australia. - The income from such receipts are liable to be taxed as business profits in India only the profits attributable to the P/E are liable to be taxed.
|