https://www.taxtmi.com/acts?id=15136 The Mutual Agreement Procedure permits a taxpayer to present to the competent authority a case that a Contracting State's actions result or will result in taxation inconsistent with the treaty, irrespective of domestic remedies and within a prescribed time limit. If the authority deems the objection justified and cannot itself resolve it, it shall seek a mutual agreement with the other State's competent authority to avoid improper taxation; competent authorities must endeavour to resolve interpretive or application difficulties, may consult to eliminate double taxation, and may communicate directly to reach agreements. en-us Tue, 30 Aug 2011 15:29:18 +0530 Fri, 22 Nov 2024 15:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15136 The Mutual Agreement Procedure permits a taxpayer to present to the competent authority a case that a Contracting State's actions result or will result in taxation inconsistent with the treaty, irrespective of domestic remedies and within a prescribed time limit. If the authority deems the objection justified and cannot itself resolve it, it shall seek a mutual agreement with the other State's competent authority to avoid improper taxation; competent authorities must endeavour to resolve interpretive or application difficulties, may consult to eliminate double taxation, and may communicate directly to reach agreements. Act-Rules DTAA Tue, 30 Aug 2011 15:29:18 +0530 https://www.taxtmi.com/acts?id=15136