2016 (9) TMI 1519

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..... . Balaji Shipping UK Ltd., [2012 (8) TMI 681 - BOMBAY HIGH COURT] In the above case, 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 decisi .....

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..... the circumstance of the case and in law, the income of the assessee by way of slot chartering would from a part of income from operations of ships exempt under Article 8 of the DTAA? 3. We find that the impugned order of the Tribunal has allowed the Respondent's appeal by following the decision of this Court in Director of Income Tax (International Taxation) v/s. Balaji Shipping UK .....

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