MP HC: Policy of First Come, First Serve is Inherently Flawed  ||  Bombay HC: Arbitration Clause Giving Unilateral Power Does Not Render the Agreement Invalid  ||  Madras HC: Taxpayer Not Responding to Notices Should be Sent Reminder through RPAD  ||  Madras HC: Taxpayer Not Responding to Notices Should be Sent Reminder through RPAD  ||  Bombay HC: There is Prohibition Only on "Talaq-e-biddat" and Not on "Talaq-e-Ahsan"  ||  Bombay HC: Government Allottee Lacking Legal Occupation Can’t be Considered ‘Deemed Tenant’  ||  AP HC: If a “Necessary Party” is Not Impleaded, the Suit Itself is Liable to be Dismissed  ||  Delhi HC: No Affect on Charitable Trust’s Status for Making Payments for Services by Related Party  ||  Bombay HC Directs State Govt. to Upload State's Prison & Police Manual on Internet  ||  Delhi HC: If Use of Smoke Cannister a Terrorist Act then Every Holi & IPL Match Will Attract UAPA    

Authority for Advance Rulings Denies Tax Exemption Under India-Mauritius Treaty - (28 Feb 2020)

DIRECT TAXATION

Authority for Advance Ruling has denied any benefit of the India-Mauritius tax treaty under which the applicable rates are a bit lower. The Authority further explained that if investments were made before the amendment of the India-Mauritius tax treaty in 2016, benefits were grandfathered— that is income from such investments or capital gains would attract concessional tax rates prevalent before 2016.

Tags : AUTHORITY FOR ADVANCE RULING   TAX EXEMPTION UNDER INDIA-MAURITIUS TREATY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved