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    <title>2011 (9) TMI 654 - ITAT, Delhi</title>
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    <description>The Tribunal upheld the CIT(A)&#039;s decision, ruling that capital gains from the sale of Government T-Bills by UAE residents were not taxable in India under the DTAA. Consequently, the Bank was not required to deduct tax at source, and the demands under sections 201(1) and 201(1A) were annulled. The Revenue&#039;s appeals were rejected.</description>
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      <description>The Tribunal upheld the CIT(A)&#039;s decision, ruling that capital gains from the sale of Government T-Bills by UAE residents were not taxable in India under the DTAA. Consequently, the Bank was not required to deduct tax at source, and the demands under sections 201(1) and 201(1A) were annulled. The Revenue&#039;s appeals were rejected.</description>
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