https://www.taxtmi.com/notifications?id=22316 Convention between India and Romania prevents double taxation by allocating primary taxing rights over dividends, interest, royalties and technical fees to the country of residence while limiting source taxation to specified percentages; aircraft profits are exempt at source and shipping profits at source are capped. Business profits are taxable in the other State only if a permanent establishment exists there, and expenses incurred for the permanent establishment, including executive and general administrative expenses, are deductible in determining its profits in accordance with the State's taxation law. en-us Tue, 09 Feb 1988 00:00:00 +0530 Sat, 21 Nov 2009 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=22316 Convention between India and Romania prevents double taxation by allocating primary taxing rights over dividends, interest, royalties and technical fees to the country of residence while limiting source taxation to specified percentages; aircraft profits are exempt at source and shipping profits at source are capped. Business profits are taxable in the other State only if a permanent establishment exists there, and expenses incurred for the permanent establishment, including executive and general administrative expenses, are deductible in determining its profits in accordance with the State's taxation law. Notifications Income Tax Tue, 09 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/notifications?id=22316