Dutch Company not eligible for benefits under India-Netherlands treaty, if it charters a ship from a company domiciled in Iran

ITAT BANGALORE BENCH ‘B’ Marine Links Shipping Agencies Versus Assistant Director of Income-tax IT Appeal NO. 184 (BANG.) OF 2011 [Assessment year 2009-10] JULY 12, 2012 ORDER George George K., Judicial Member This appeal instituted by the assessee is directed against the order of the CIT(A)-IV, Bangalore dated 23.11.2011. The relevant assessment year is 2009-2010. The order of the CIT(A) arise out of the order of the Asst. Director of Income-tax (International Taxation), Mangalore passed under section 172(4) of the Act. 2. The concise grounds raised read as follow...