https://www.taxtmi.com/caselaws?id=780949 Article 8 of the India-Singapore DTAA was held to exempt profits from shipping operations in international traffic from source taxation, and Article 24 was found inapplicable because the Singapore income was assessable on an accrual basis rather than by reference to remittance or receipt. The Court accepted the Singapore tax authority certificate as already considered in earlier proceedings and found no material to justify fresh verification or a second opportunity for the Revenue to challenge it. The Tribunal's remand was therefore unsustainable, and the consequential assessment orders passed after remand could not stand. en-us Wed, 15 Oct 2025 00:00:00 +0530 Mon, 11 May 2026 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780949 Article 8 of the India-Singapore DTAA was held to exempt profits from shipping operations in international traffic from source taxation, and Article 24 was found inapplicable because the Singapore income was assessable on an accrual basis rather than by reference to remittance or receipt. The Court accepted the Singapore tax authority certificate as already considered in earlier proceedings and found no material to justify fresh verification or a second opportunity for the Revenue to challenge it. The Tribunal's remand was therefore unsustainable, and the consequential assessment orders passed after remand could not stand. Case-Laws Income Tax Wed, 15 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780949