&K : Stalling Registration of Sale Deed over Pending Clarification from Higher Auth. Not Acceptable || GujHC : Without Proving Acc. Holder’s Hand in Criminal Case Freezing Acc against Fundamental Right || Mad HC :Waqf Board Can’t Take Control over Every Grave of Dargah Automatically || Del HC : Remove Posts Calling Sitting Judge “Murderer” || Mad HC :Waqf Board Can’t Take Control over Every Grave of Dargah Automatically || Supreme Court: Seeks CBSE Reply on Gulf Students’ Plea || Bombay HC: Anticipatory Bail Rejected in Film Role Rape || Delhi HC: Fresh Bar Council Polls Denied Over Allegations || Delhi HC: Seeks Responses on CBSE OSM Evaluation Dispute || Kerala HC: Persons With Down Syndrome Get Protection and Guardianship under National Trust Act, 1999

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 :