Agreement between the Government of India and the Government of Sultanate of Oman for the avoidance of double taxation of income derived from international air transport - 0313(E) - Income Tax Act, 1961
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International air transport income exemption: carriers' international operations are tax-exempt in the other Contracting State under the bilateral treaty. Income earned by an enterprise of one Contracting State from the operation of aircraft in international traffic shall be exempt from tax in the other Contracting State, including income from participation in pools, joint businesses or international operating agencies and interest directly connected with such operations; designated enterprises listed in the annex are covered and the list may be modified by exchange of letters.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
International air transport income exemption: carriers' international operations are tax-exempt in the other Contracting State under the bilateral treaty.
Income earned by an enterprise of one Contracting State from the operation of aircraft in international traffic shall be exempt from tax in the other Contracting State, including income from participation in pools, joint businesses or international operating agencies and interest directly connected with such operations; designated enterprises listed in the annex are covered and the list may be modified by exchange of letters.
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