TMI BlogIncome deemed to accrue or arise in India - Once the taxability fails in terms of the treaty provisions,...Income deemed to accrue or arise in India - Once the taxability fails in terms of the treaty provisions, there is no occasion to refer to the provisions of the Act, as in terms of section 90(2) the provisions of the Act or the DTAA, whichever is more beneficial to the assessee shall be applicable. Since the payment was only alleged to be Royalty by the Revenue, therefore, there is no need to examine its taxability under any other provision of the India-Malaysia DTAA, in the present case. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
