Tag Archives: DTAA

India and Austria Signs to amend DTAA

By | February 7, 2017

India and Austria Sign a Protocol amending the India-Austria Double Taxation Avoidance Convention India and Austria signed a Protocol amending the existing Convention between the two countries for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income here today. The Protocol was  signed by Shri  Sushil Chandra, Chairman… Read More »

India and New Zealand Protocol ratified for avoidance of double taxation

By | November 24, 2016

Cabinet approves the third Protocol to the Convention between India and New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the ratification and entry into force of the third Protocol to… Read More »

Revised DTAA between India and Cyprus Signed

By | November 18, 2016

Revised Double Taxation Avoidance and the Prevention of Fiscal Evasion (DTAA) Agreement signed today between India and 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 in Nicosia, which will… Read More »

Protocol Amending DTAA between India and Japan comes into force

By | November 10, 2016

Protocol amending the Double Taxation Amending Convention (DTAC) between India and Japan comes into force; Protocol amending the DTAC aims to promote transparency and cooperation between the two countries. A Protocol amending the Double Taxation Avoidance Convention (DTAC) between India and Japan for the Avoidance of Double Taxation and the Prevention of Fiscal evasion with… Read More »

Protocol amending Convention between Indian and Japan

By | November 3, 2016

Protocol amending the Convention between the Government of the Republic of India and the Government of Japan MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 102/2016 New Delhi, the 28th October, 2016 INCOME-TAX S.O. 3346(E).— Whereas the annexed Protocol amending the Convention between the Government of the Republic of India and the Government of Japan… Read More »

New DTAA between India and Korea w.e.f 12.09.16

By | October 26, 2016

Press Information Bureau Government of India Ministry of Finance 26-October, 2016 New Revised Double Taxation Avoidance Agreement (DTAA) between India and Republic of Korea comes into force with effect from 12th September, 2016; Will have effect in India in respect of income derived in fiscal years beginning on or after 1st April, 2017. A new… Read More »

Payment for purchase of software without any copyright is not royalty, No TDS u/s 195

By | October 20, 2016

Held The assessee has acquired a readymade off – the shelf computer programme to be used in their business and no right was granted to the assessee to utilize the copy right of the programme and, therefore, consideration cannot be treated as royalty. As held by the CIT(A), the payments made by the assessee company… Read More »

India and Cyprus : In-principle agreement on all pending issues on DTAA

By | July 1, 2016

In-principle agreement reached on all pending issues on Double Taxation Avoidance Agreement between India and Cyprus An official level meeting between India and Cyprus took place in New Delhi on 28 and 29 June, 2016, to finalize the new India Cyprus Double Taxation Avoidance Agreement, wherein all pending issues, including taxation of capital gains, were… Read More »

Working Group to examine India-Mauritius DTAA Issues

By | June 13, 2016

Government constitutes Working Group to examine consequential issues arising out of amendments to India-Mauritius Double Taxation Avoidance Agreement and related issues With a view to examine the consequential issues arising out of amendments to India – Mauritius Double Taxation Avoidance Convention and related issues, a Working Group headed by Joint Secretary (FT&TR-II), CBDT and comprising… Read More »

India-Slovenia DTAA to be Amended

By | May 19, 2016

India and Slovenia have signed Protocol amending the India-Slovenia Double Taxation Avoidance Convention. India and Slovenia have signed a Protocol amending the existing Convention and Protocol between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income on 17th May, 2016 in Ljubljana. The Protocol was… Read More »

India and Mauritius sign for amendment in DTAA w.r.t Taxes on Income and Capital Gains

By | May 11, 2016

Ministry of Finance 10-May, 2016  India and Mauritius sign the Protocol for amendment of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital Gains             The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal… Read More »

Surcharge & education cess is not leviable when tax rate is prescribed under DTAA

By | January 13, 2016

Summary of Decision  we hold that the surcharge and education cess is not leviable when the tax rate is prescribed under DTAA IN THE ITAT KOLKATA BENCH ‘C’ Deputy Director of Income-tax (IT)-1(1), Kolkata v. BOC Group Ltd. MAHAVIR SINGH, JUDICIAL MEMBER AND M. BALAGANESH, ACCOUNTANT MEMBER IT APPEAL NO. 571 (KOL.) OF 2013 [ASSESSMENT… Read More »