Supreme Court: Section 17A PC Act Does Not Cover Bribe Demands Unrelated to Official Duty  ||  Supreme Court Directs Centre to Promote Interim Compensation Scheme for Road Accident Victims  ||  Karnataka High Court Upholds Homicide Charge Against Father for Letting Minor Son Drive  ||  Karnataka High Court Grants Bail to Pan Masala Maker in Rs. 42 Crore Cess Evasion Case  ||  Karnataka High Court: Advocates Practising Without Clearing AIBE May Face Criminal Action  ||  Allahabad HC Orders Scrutiny of UP Basic School Teachers’ Educational and Appointment Records  ||  AP HC: Fabricated Sale Agreements and Breach of Property Undertaking Constitute Perjury  ||  Supreme Court: State Cannot Acquire Temple Property Through Gift Deed  ||  Supreme Court: HC Registry Should Exclude Court Vacations When Listing Cases After Fixed Days  ||  Supreme Court Flags Stark Non-Compliance With Directions on CAPF Cadre Review    

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 2026 - All Rights Reserved