Case Law Details
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Court: Mumbai bench of the Income Tax Appellate Tribunal
Citation: JCIT Vs. Telerate [2010-TII-72-ITAT-MUM-INTL]
Brief :Mumbai bench of the Income Tax Appellate Tribunal held that the income from supply of information relating to various markets should be taxed as business profits under Article 7(3) of the India- Singapore tax treaty (tax treaty) and accordingly the expenses incurred for earning the income should be allowed as a deduction.< Please become a Premium member. If you are already a Premium member, login here to access the full content.
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