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Case Law Details

Case Name : JCIT Vs. Telerate (ITAT Mumbai)
Related Assessment Year :
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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.<

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