https://www.taxtmi.com/caselaws?id=425592 The Appellate Tribunal upheld the decision of the Commissioner, ruling in favor of the Assessee regarding the taxability of rental income from the aircraft engine under the DTAA provisions. The Tribunal emphasized the importance of considering the presence of a Permanent Establishment (PE) in India when determining the liability to deduct tax under section 195. The appeal of the Revenue Department was dismissed, and the orders dated 09.06.2017 and 30.06.2017 were upheld. en-us Wed, 20 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 08:40:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425592 The Appellate Tribunal upheld the decision of the Commissioner, ruling in favor of the Assessee regarding the taxability of rental income from the aircraft engine under the DTAA provisions. The Tribunal emphasized the importance of considering the presence of a Permanent Establishment (PE) in India when determining the liability to deduct tax under section 195. The appeal of the Revenue Department was dismissed, and the orders dated 09.06.2017 and 30.06.2017 were upheld. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425592