India doesn’t have first right to tax shipping income of foreign companies under India-Singapore tax treaty: ITAT
December 4, 2020 0Middle East Logistics News
… Appellate Tribunal has held that shipping income of foreign vessels is … a sovereign right to tax shipping income. ITAT ruled that under … right’ to tax shipping income vests only with the … the case a Singapore based shipping company had sought exemption from …
India doesn’t have first right to tax shipping income of foreign companies under India-Singapore tax treaty: ITAT