Govt notifies Protocol Amending India - Vietnam DTAA [Read Notification]
The Central government on Wednesday notified the protocol amending the Double Taxation Avoidance Agreements (DTAA) between India and Vietnam. The...
DTAA provisions in Income Tax Act will override other provisions in Income Tax Act if beneficial to Tax Payer: ITAT Hyderabad [Read Order]
Recently, in Nagarjuna Fertilizers and Chemicals Limited v. ACIT, the Hyderabad bench of the Income Tax Appellate Tribunal held that the provisions of the Double Taxation Avoidance Agreement (DTAA),...
Finance Ministry notifies revised Double Taxation Avoidance Agreement (DTAA) between India & Cyprus [Read Notification]
Revised DTAA to come into effect in India in the fiscal year beginning on or after 1st April, 2017; Will enable source based taxation of capital gains on shares, except in respect of investments...
Black Money: Govt. Initiates action against Indians on the information provided by the Foreign Government regarding banks accounts held in Liechtenstein & Switzerland
Action under the Income-tax Act, 1961 has been taken on the 12 trusts/entities, involving 26 individuals of Indian origin/nationality, based upon the information received from the German Tax...
Revised Double Taxation Avoidance and the Prevention of Fiscal Evasion (DTAA) Agreement signed between India & Cyprus
A revised Agreement between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal evasion (DTAA) with respect to taxes on income, along with its Protocol, was signed today...