Search-assessment proviso jurisdiction, time-barred valuation reports, and denial of cross-examination vitiate valuation-based and confession-based ad...
Proceeds of crime: provisional attachment confirmed; equivalent value attachment and acquisition date fair market value upheld, Covid exclusion preser...
Effective service requirement: officers must explore alternative service modes beyond the GST portal and afford personal hearing; non-compliance voids...
Under Article 8 of the India-France DTAA, collection charges retained from PSF/UDF were treated as an incentive for timely remittance and were held not directly connected with the operation of aircraft in international traffic, so the assessee's exclusion claim failed. Technical handling income from IATP/Non-IATP members was treated as profits from participation in a pool and retained its Article 8 character. Interest on fixed deposits from surplus or security funds connected with airline operations was treated as interest on funds connected with aircraft operations and covered by Article 8. Commission from the domestic leg of international travel was also treated as directly connected with international traffic and fell within Article 8.
Under Article 8 of the India-France DTAA, collection charges retained from PSF/UDF were treated as an incentive for timely remittance and were held not directly connected with the operation of aircraft in international traffic, so the assessee's exclusion claim failed. Technical handling income from IATP/Non-IATP members was treated as profits from participation in a pool and retained its Article 8 character. Interest on fixed deposits from surplus or security funds connected with airline operations was treated as interest on funds connected with aircraft operations and covered by Article 8. Commission from the domestic leg of international travel was also treated as directly connected with international traffic and fell within Article 8.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
