Double Taxation Avoidance Agreements (DTAA): Types, Benefits, and Claim Procedures

Double Taxation Avoidance Agreements (DTAA): Types, Benefits, and Claim Procedures In our interconnected world, it's common for individuals to reside in one country while their Income is sourced from another. Under the Income Tax Act of 1961 guidelines, earnings are…

CBIC Clarification on Applicability of Most Favoured Nation (MFN)

CBIC Clarification on Applicability of Most Favoured Nation (MFN) The Central Board of Direct Taxes (CBDT) has received representations seeking clarity on the applicability of the Most Favoured Nation (MFN) clause available in the Protocol to some of the Double…