Income earned in the other contracting state from the operation of ships in international traffic as per Double Taxation Avoidance Agreements (DTAA), will be taxed in that contracting State where ..........

CS Executive · Tax Laws and Practice · PYQS · December 2018
Income earned in the other contracting state from the operation of ships in international traffic as per Double Taxation Avoidance Agreements (DTAA), will be taxed in that contracting State where ..........
(A) PE (Permanent Establishment) is situated
(B) the place of effective management (POEM) of enterprises is situated
(C) the business of air and shipping originated
(D) none of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic