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Income Tax - Highlights / Catch Notes

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Assessment u/s 172(4) - Shipping business of non-residents - The ...

Case Laws     Income Tax

May 25, 2016

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

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