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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Providing services of vessel management services in India - ...


Vessel Management Income in India Taxable u/s 44BB Only If PE Exists and Contract is Connected to PE.

February 12, 2015

Case Laws     Income Tax     AT

Providing services of vessel management services in India - income of assessees engaged in such activities can be taxed u/s 44BB only if the two conditions are fulfilled. - One of the conditions is existence of PE in India and second is regarding effective connection of such contract with the PE in India - AT

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