https://www.taxtmi.com/acts?id=45542 Profits from the operation of aircraft in international traffic shall be taxable only in the Contracting State where the enterprise is resident; this exclusivity extends to participation in pools, joint businesses and international operating agencies. Interest connected with such operations is regarded as profits from the operation and article 12 does not apply. "Operation of aircraft" encompasses air transport of passengers, mail, livestock or goods by owners, lessees or charterers, sale of tickets for others, incidental aircraft leases and other activities directly connected with the transportation. en-us Fri, 18 Oct 2024 16:26:19 +0530 Fri, 18 Oct 2024 16:26:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45542 Profits from the operation of aircraft in international traffic shall be taxable only in the Contracting State where the enterprise is resident; this exclusivity extends to participation in pools, joint businesses and international operating agencies. Interest connected with such operations is regarded as profits from the operation and article 12 does not apply. "Operation of aircraft" encompasses air transport of passengers, mail, livestock or goods by owners, lessees or charterers, sale of tickets for others, incidental aircraft leases and other activities directly connected with the transportation. Act-Rules DTAA Fri, 18 Oct 2024 16:26:19 +0530 https://www.taxtmi.com/acts?id=45542