Double taxation relief: Central Government may enter agreements to grant relief and avoid double taxation on chargeable profits. The provision empowers the Central Government to enter into agreements with foreign governments to grant relief where chargeable profits have been taxed both under this Act and in that country, or to negotiate avoidance of double taxation of those chargeable profits under this Act and foreign income- or profit-tax laws.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Double taxation relief: Central Government may enter agreements to grant relief and avoid double taxation on chargeable profits.
The provision empowers the Central Government to enter into agreements with foreign governments to grant relief where chargeable profits have been taxed both under this Act and in that country, or to negotiate avoidance of double taxation of those chargeable profits under this Act and foreign income- or profit-tax laws.
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