https://www.taxtmi.com/acts?id=4966 Profits from operating ships or aircraft in international traffic by a resident enterprise are taxable only in the State of residence; this includes participation in pools, joint businesses, and international operating agencies. Income from use, maintenance, or rental of containers used in international transport is taxable only in the resident State unless containers are used solely within the other State. Interest connected with such operations is treated as operational profits, excluding interest on fixed bank deposits. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 07 Dec 2024 11:50:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4966 Profits from operating ships or aircraft in international traffic by a resident enterprise are taxable only in the State of residence; this includes participation in pools, joint businesses, and international operating agencies. Income from use, maintenance, or rental of containers used in international transport is taxable only in the resident State unless containers are used solely within the other State. Interest connected with such operations is treated as operational profits, excluding interest on fixed bank deposits. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4966