https://www.taxtmi.com/acts?id=44942 Profits from the operation of aircraft and ships in international traffic by an enterprise of a Contracting State are taxable only in that State, subject for ship profits to a limited transitional exception allowing the other State to tax those profits during an initial period at progressively reduced ceilings; the rules also extend to participation in pools, joint businesses or international operating agencies and apply to the Japanese enterprise tax and any similar tax in India. en-us Wed, 16 Oct 2024 17:18:36 +0530 Tue, 22 Oct 2024 14:50:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44942 Profits from the operation of aircraft and ships in international traffic by an enterprise of a Contracting State are taxable only in that State, subject for ship profits to a limited transitional exception allowing the other State to tax those profits during an initial period at progressively reduced ceilings; the rules also extend to participation in pools, joint businesses or international operating agencies and apply to the Japanese enterprise tax and any similar tax in India. Act-Rules DTAA Wed, 16 Oct 2024 17:18:36 +0530 https://www.taxtmi.com/acts?id=44942