Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: empanelment :: VAT Audit :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT RATES :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: list of goods taxed at 4%
 
 
« News Headlines »
 All about income tax return form Sahaj
 Why seeing Form 26AS is a must before filing tax return and how to access it
 No tax on notice period pay cut
 Interpretation Of Central Goods And Services Tax (Cgst) Act (Part-1)
 What to do if you haven’t filed your taxes
 Income Tax Declaration To Employer: 10 Changes You Should Be Aware Of
 What your income tax says about you
 Self e-filing of income tax returns
 Why do we get 3 extra days to file income tax returns in 2017?
 Income Tax department launches 'Operation Clean Money'-II
 Here’s how to e-file your income tax return

Ambiguities in UAE, India tax pact to go
February, 02nd 2007
Investment flows from the UAE into India may see a spurt, just like from Mauritius, with the Union Cabinet giving its nod for removing certain ambiguities in the applicability of the double taxation avoidance agreement (DTAA) between India and the UAE.

While the Government did not elaborate on the ambiguities, tax experts said the ambiguity was on whether benefits of the DTAA could be claimed in situations where there was no incidence of payment of tax in any of the contracting countries.

The Authority for Advance Rulings (AAR) had, in a recent ruling, said that a person who is not liable to tax in the UAE would not get benefit of DTAA.

The Income Tax Appellate Tribunal (ITAT) in Mumbai, on the other hand, had ruled in another case that if the Government of the other country has powers to tax an individual, then such an individual would be entitled to treaty benefits, irrespective of whether he actually pays the tax or not.

Mr Aseem Chawla, Director (Taxation) Amarchand & Mangaldas, said that ITAT, Mumbai had recommended to the Government to sort out the uncertainty in interpretation of the DTAA. "If this ambiguity goes, it would give a fillip to investments into India from the UAE.''

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions