https://www.taxtmi.com/caselaws?id=307114 The Tribunal allowed the assessee's appeal, granting the benefit of Article 8 of the India-UAE DTAA for shipping income and Inland Haulage Charges (IHC). The Tribunal relied on previous judgments and held that IHC are integral to international shipping income, exempting them from taxation in India. However, the appeal challenging the charging of interest under section 234B and the initiation of penalty proceedings under section 270A were dismissed. The decision was pronounced on June 16, 2022. en-us Thu, 16 Jun 2022 00:00:00 +0530 Sun, 19 Mar 2023 21:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307114 The Tribunal allowed the assessee's appeal, granting the benefit of Article 8 of the India-UAE DTAA for shipping income and Inland Haulage Charges (IHC). The Tribunal relied on previous judgments and held that IHC are integral to international shipping income, exempting them from taxation in India. However, the appeal challenging the charging of interest under section 234B and the initiation of penalty proceedings under section 270A were dismissed. The decision was pronounced on June 16, 2022. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307114