Double taxation

India and China sign protocol to Double Taxation Avoidance Agreement to prevent tax evasion

India and China have signed protocol to amend Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and for prevention of fiscal evasion with respect to taxes on income by allowing exchange of information. Under Section 90 of ..


India signs agreements with Cyprus on combating money laundering and environment

On September 3, India and Cyprus signed two agreements on combating money laundering and cooperation in the field of environment in the presence of President Ram Nath Kovind and his Cypriot counterpart Nicos Anastasiades in Nicosia. Both the countries also ..

India, UK sign three advance pricing pacts

India’s Central Board of Direct Taxes (CBDT) and the UK have signed three Bilateral Advance Pricing Agreements (B- APAs) taking the total number of APAs concluded between India and the UK to 5. So, far India has signed a total ..

India and Cyprus revise the double taxation avoidance agreement (DTAA)

A revised Double Taxation Avoidance and the Prevention of Fiscal Evasion (DTAA) agreement has been signed between India and Cyprus in Nicosia. This revised agreement will replace the existing DTAA that was signed in 1994. Cyprus is a major source of ..

India and US resolve 100 tax dispute cases under Mutual Agreement Procedure (MAP)

India and the US have resolved over 100 tax dispute cases involving Rs 5,000 crore under the Mutual Agreement Procedure (MAP). Key facts A meeting of the Bilateral Competent Authority Mutual Agreement Procedure (MAP) or Advance Pricing Agreement (APA) was ..

India detected undisclosed income equivalent to Rs 565 cr in France

Undisclosed income of Indians amounting Rs 565 crore has been detected in France. This revealing information was shared by France which it shared under the exchange of information clause of the Double Taxation Avoidance Agreement (DTAA) which India had signed ..