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<h1>CBDT to Resolve FII Tax Exemption Claims Under DTAAs Within One Month for Faster Processing.</h1> The Central Board of Direct Taxes (CBDT) has announced that claims by Foreign Institutional Investors (FIIs) for tax exemptions under the Double Taxation Avoidance Agreements (DTAAs) will be resolved within one month of filing. This decision aims to expedite the process for FIIs who claim their income from securities transactions as tax-exempt under the Income Tax Act, 1961, by utilizing treaty benefits. Relevant officers have been instructed to ensure timely decisions on these claims.