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Profits from Slot Hire in International Traffic Taxed Only in Indonesia u/s 172(4) for Non-Resident Shipping Businesses.

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Full Text of the Document

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....Assessment u/s 172(4) - Shipping business of non-residents - The profits earned by the assessee in respect of the slot hire operations, or for that purpose any other part of the business of operations of ships or aircraft in international traffic, are taxable only in the country of its fiscal domicile, i.e. Indonesia. - AT....