Section 172

  • Income Tax

Income of non resident shipping company u/s 172-Assessee asked to furnish proof /certificate from IRA

Income of non resident shipping company u/s 172-Assessee asked to furnish proof that income tax return filed in foreign country…

5 years ago
  • Income Tax

Shipping charges using non-resident shipping are not liable to TDS u/s 172(8) as supplemented by CBDT Circular No. 723/1995

ITAT Amritsar, in a recent judgment has held that shipping charges (Inland haulage charges, Terminal handling charges, Bunker adjustment factor,…

8 years ago