https://www.taxtmi.com/caselaws?id=461929 Inland Haulage Charges connected with international shipping are treated as exempt under Article 8 of the India-UAE DTAA, following the binding Bombay High Court ruling in Safmarine Container Lines N.V.; the article notes that the Tribunal therefore rejected the Revenue's attempt to tax a part of such receipts. Because the shipping income was held exempt, the dependent agent PE issue was treated as academic. On TDS credit, the matter was restored for verification and credit where duly supported, including amounts reflected through an Indian agent's PAN. Interest under section 234D was treated as consequential, while initiation of penalty proceedings under section 270A was regarded as premature. en-us Wed, 16 Nov 2022 00:00:00 +0530 Thu, 08 May 2025 18:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461929 Inland Haulage Charges connected with international shipping are treated as exempt under Article 8 of the India-UAE DTAA, following the binding Bombay High Court ruling in Safmarine Container Lines N.V.; the article notes that the Tribunal therefore rejected the Revenue's attempt to tax a part of such receipts. Because the shipping income was held exempt, the dependent agent PE issue was treated as academic. On TDS credit, the matter was restored for verification and credit where duly supported, including amounts reflected through an Indian agent's PAN. Interest under section 234D was treated as consequential, while initiation of penalty proceedings under section 270A was regarded as premature. Case-Laws Income Tax Wed, 16 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461929