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Income Tax - Highlights / Catch Notes

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Indo-Malaysia Treaty – the entire profits derived from the ...


Indo-Malaysia Treaty: Profits from goods transportation by assessee qualify for Article 8 benefits, including feeder vessel freight.

July 19, 2014

Case Laws     Income Tax     AT

Indo-Malaysia Treaty – the entire profits derived from the transportation of goods carried on by the assessee is to be treated as profits from operation of ships and, therefore, the benefit of Article-8, cannot be denied to the assessee on the part of the freight from voyage by the feeder vessels - AT

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