Mere provision of a dredger on dry lease for carrying out dredging activity in India does not result in the taxpayer having a PE as per the India-Neth

Court: Mumbai bench of the Income Tax Appellate Tribunal

Citation: DDIT Vs. Nederlandsche Overzee Baggermaatschappiji B.V.

Brief: Recently, the Mumbai bench of the Income Tax Appellate Tribunal (the Tribunal) in the held that mere provision of a dredger on dry lease for carrying out dredging activity in India does not result in the taxpayer having a Permanent Establishment (PE) as per the India- Netherlands tax treaty (tax treaty).Please become a Premium member. If you are already a Premium member, login here to access the full content.