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Central Board of Direct Taxes (CBDT) issued notification no. 160/2025 dated 10.11.2025 regarding the Protocol, amending the Agreement and the Protocol between the Government of the Republic of India and the Government of the Kingdom of Belgium for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income
Central Board of Direct Taxes (CBDT) issued notification no. 154/2025 dated 24.10.2025 in respect of the Agreement and Protocol signed at New Delhi on the 18th day of February, 2025 between the Republic of India and the State of Qatar for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
India and Oman have amended their double taxation avoidance agreement (DTAA), expanding the definition of permanent establishment to cover digital and service-based operations.
Many non-resident Indians (NRIs) those who claimed benefit of lower or nil rate of taxation under the Double Taxation Avoidance Agreement (DTAA) are receiving income tax notice(s) for failing to file Form 10F. The Income Tax Act, 1961, allows NRI taxpayers to declare their income and file ITR by applying for lower or nil rate of income tax (in some cases) under DTAA.
CBDT issued Circular No. 01/2024 dated 21.01.2025 providing Guidance for application of the Principal Purpose Test (PPT) under India’s Double Taxation Avoidance Agreements.
Indian law mandates resident individuals who hold specified foreign assets (FAs) during the relevant accounting period to file an income tax return (ITR) They must disclose all their foreign assets and incomes therein. Failure to do so can lead to a heavy penalty or even imprisonment.
The ITAT, New Delhi in Reverse Age Health Services Pte Ltd v. DCIT [ITA No.1867Del/2022 dated February 17, 2023] has…
India will raise the tax issue being faced by Indian IT companies with Australia under the double taxation avoidance agreement,…
India has called for an early amendment to the Double Taxation Avoidance Agreement (DTAA) with Australia, as Indian information technology…