https://www.taxtmi.com/acts?id=5570 Profits from operating aircraft in international traffic are taxable only in the Contracting State of operation, including profits from participation in pools, joint businesses or international operating agencies. Interest on funds connected with such operation is regarded as operational profits and is subject to the same taxation rule. "Operation of aircraft" includes transport of passengers, mail, livestock and goods by owners, lessees or charterers, sale of tickets for others, incidental leasing and other activities directly connected with transportation. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 05 Mar 2009 14:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5570 Profits from operating aircraft in international traffic are taxable only in the Contracting State of operation, including profits from participation in pools, joint businesses or international operating agencies. Interest on funds connected with such operation is regarded as operational profits and is subject to the same taxation rule. "Operation of aircraft" includes transport of passengers, mail, livestock and goods by owners, lessees or charterers, sale of tickets for others, incidental leasing and other activities directly connected with transportation. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5570