https://www.taxtmi.com/caselaws?id=348950 Article 24 of the India-Singapore DTAA limits shipping-income exemption where Singapore taxes income by reference to remittance or receipt rather than accrual. Freight income from shipping operations remains exempt in India to the extent remittance to Singapore is established. Additional evidence and the remand report supported exemption for a higher remitted amount, but relief did not extend to freight income lacking proof of remittance. The unproved balance remained taxable in India, so the addition was sustained only to that extent. en-us Fri, 29 Sep 2017 00:00:00 +0530 Thu, 22 Mar 2018 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348950 Article 24 of the India-Singapore DTAA limits shipping-income exemption where Singapore taxes income by reference to remittance or receipt rather than accrual. Freight income from shipping operations remains exempt in India to the extent remittance to Singapore is established. Additional evidence and the remand report supported exemption for a higher remitted amount, but relief did not extend to freight income lacking proof of remittance. The unproved balance remained taxable in India, so the addition was sustained only to that extent. Case-Laws Income Tax Fri, 29 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348950