Monday, 26 November 2018

CBDT: India - China sign Protocol amending DTAA incorporating BEPS related changes

India - China sign a Protocol today amending DTAA incorporating BEPS related changes; Protocol incorporates changes required to implement BEPS minimum standards as well as other changes as per BEPS Action reports as agreed upon by two sides; Further, the Protocol updates the existing provisions for exchange of information to the latest international standards 

No comments:

ITAT: Property Received on Family Trust Dissolution Qualifies as ‘Devolution’, Long-Term Capital Gains Tax Applies

Under income tax law, when a capital asset is acquired by way of succession, inheritance or devolution, the cost of acquisition is deemed to...