Rate of tax on assessed income of Non-Resident assessee - ...

Non-resident partner in joint venture taxed under India-Canada DTAA rates; tribunal supports tax appeal decision.

February 6, 2024

Case Laws     Income Tax     AT

Rate of tax on assessed income of Non-Resident assessee - Partner in Joint Venture - Claim of Benefit of DTAA - to settle the matter at rest, the assessee is willing to offer the income subject to settlement of tax liability at the rate at which TDS has been deducted - The tribunal sustained the order of CIT(A) to tax the assessee's income at the rates provided under the India-Canada DTAA.

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