https://www.taxtmi.com/forum/issue?id=4848 Whether exemption for transport of passengers by air under item 23 of Notification No. 25/2012 extends to lease rent for an aircraft provided on wet lease between North East States; one position limits exemption to airline passenger fares and treats lease income as taxable, while an alternate position contends the exemption covers wet or dry leases when the aircraft is used exclusively for eligible passenger transport. en-us Thu, 25 Oct 2012 18:00:32 +0530 Thu, 23 Jan 2025 15:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4848 Whether exemption for transport of passengers by air under item 23 of Notification No. 25/2012 extends to lease rent for an aircraft provided on wet lease between North East States; one position limits exemption to airline passenger fares and treats lease income as taxable, while an alternate position contends the exemption covers wet or dry leases when the aircraft is used exclusively for eligible passenger transport. Discussion-Forum Service Tax Thu, 25 Oct 2012 18:00:32 +0530 https://www.taxtmi.com/forum/issue?id=4848