https://www.taxtmi.com/caselaws?id=251861 The High Court upheld the Tribunal's decision, ruling that the assessee's income was exempt under Section 9(1)(i) Explanation 1(b) of the Income Tax Act, as the activities were limited to purchasing goods in India for export. The Court found that the services provided by the assessee were integral to facilitating the purchase and export of goods, aligning with the legislative intent to promote export activities. Consequently, the income derived from these services was not taxable in India, and the assessee's position was supported, affirming that the income earned was not subject to taxation in India. en-us Mon, 09 Jun 2014 00:00:00 +0530 Tue, 30 Sep 2014 09:41:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251861 The High Court upheld the Tribunal's decision, ruling that the assessee's income was exempt under Section 9(1)(i) Explanation 1(b) of the Income Tax Act, as the activities were limited to purchasing goods in India for export. The Court found that the services provided by the assessee were integral to facilitating the purchase and export of goods, aligning with the legislative intent to promote export activities. Consequently, the income derived from these services was not taxable in India, and the assessee's position was supported, affirming that the income earned was not subject to taxation in India. Case-Laws Income Tax Mon, 09 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251861