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2016 (7) TMI 744 - AT - Income TaxTaxability of income in India - PE in India - business connection in India - Chargeability of income under section 44B - India-Singapore DTAA - Held that:- As decided in assessee company’s own case for assessment year 2009-10 we hold that income of the assessee company was liable to be taxed as business income and that in absence of Permanent Establishment in India , no income was taxable in India , that the provisions of Section 44B of the Act were wrongly invoked by the A. O. Reversing the orders of learned CIT(A), we decide effective grounds of appeal in favour of the assessee
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