Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India-Iran Agreement: Reciprocal Income Tax Exemption for Airlines Under Direct Tax Law of March 19, 1967</h1> The agreement between the Government of India and the Imperial Government of Iran, dated May 28, 1973, establishes a reciprocal exemption from income tax for Indian and Iranian airlines operating aircraft. This temporary arrangement, formalized through an exchange of notes, is based on the Direct Tax Law of March 19, 1967, which allows foreign air companies to be exempt from income tax on a reciprocal basis. Both governments agree not to collect income tax from each other's airlines, and any previously collected taxes will be refunded. This agreement aims to avoid double taxation of income from the operation of aircraft.
TaxTMI 
TaxTMI 
