Tag Archives: TDS as per Tax Treaty

Higher tax rate not applied when tax is withheld under tax treaty

By | March 18, 2017

Higher tax rate not applied when tax is withheld under tax treaty: The Ahmedabad Bench of the Income-tax Appellate Tribunal held that when the tax has been withheld (“deducted”) pursuant to provisions of tax treaties, the provisions of Section 206AA of the Income-tax Act, 1961 cannot be invoked. Section 90(2) of the Income-tax Act, 1961 provides that… Read More »