Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Page of 4780
Press 'Enter' after typing page number.
261 to 280 of 95596 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Article 8 of the India-UK DTAA exempts profits from operating...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business income.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Article 8 of the India-UK DTAA exempts profits from operating aircraft in international traffic and participation in pools, but engineering and ground handling services provided to other airlines were not treated as pool participation or activities directly connected with air transportation under the treaty. Unlike broader provisions in certain other treaties, the India-UK provision did not cover those receipts; they remained taxable in India. Cash deposits made during demonetisation were accepted as regular airline business receipts because they were recorded in the books, arose from airport counter collections from passengers and cargo agents, and no specific defect in the books was identified. The deletion of the related addition was sustained.
Article 8 of the India-UK DTAA exempts profits from operating aircraft in international traffic and participation in pools, but engineering and ground handling services provided to other airlines were not treated as pool participation or activities directly connected with air transportation under the treaty. Unlike broader provisions in certain other treaties, the India-UK provision did not cover those receipts; they remained taxable in India. Cash deposits made during demonetisation were accepted as regular airline business receipts because they were recorded in the books, arose from airport counter collections from passengers and cargo agents, and no specific defect in the books was identified. The deletion of the related addition was sustained.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4780
Join Channel
TaxTMI 
