https://www.taxtmi.com/caselaws?id=240523 The Tribunal upheld the ld CIT(A)'s decision, ruling that no income accrued to the foreign company in India from cruise ticket sales booked by Indian agents. The Tribunal emphasized the absence of a business connection between the Indian and foreign companies under section 9(1)(i) of the Act, rejecting the tax liability imposed by the Assessing Officer. The Department's appeal and the assessee's cross objection were both dismissed, confirming the non-taxability of the income in India for the foreign company. en-us Tue, 16 Oct 2012 00:00:00 +0530 Fri, 06 Dec 2013 07:46:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240523 The Tribunal upheld the ld CIT(A)'s decision, ruling that no income accrued to the foreign company in India from cruise ticket sales booked by Indian agents. The Tribunal emphasized the absence of a business connection between the Indian and foreign companies under section 9(1)(i) of the Act, rejecting the tax liability imposed by the Assessing Officer. The Department's appeal and the assessee's cross objection were both dismissed, confirming the non-taxability of the income in India for the foreign company. Case-Laws Income Tax Tue, 16 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240523