Tax Refund Interest Taxed at 20% u/s 115A; Assessee Contests Rate, Claims 15% Under DTAA Article 11.

Tax Refund Interest Taxed at 20% u/s 115A; Assessee Contests Rate, Claims 15% Under DTAA Article 11. https://www.taxtmi.com/highlights?id=13735 Refund by the Income-tax Department which included interest - Revenue taxed it at 20% as per section 115A as per Article 24 of Indo-Singapore DTAA wheres assessee claimed taxation of such interest @ 15% as per Article 11 of the DTAA - Action of revenue sustained - AT en-us Tue, 06 Aug 2013 17:57:33 +0530 Tue, 06 Aug 2013 17:57:33 +0530 TaxTMI RSS Generator Tax Refund Interest Taxed at 20% u/s 115A; Assessee Contests Rate, Claims 15% Under DTAA Article 11. https://www.taxtmi.com/highlights?id=13735 Refund by the Income-tax Department which included interest - Revenue taxed it at 20% as per section 115A as per Article 24 of Indo-Singapore DTAA wheres assessee claimed taxation of such interest @ 15% as per Article 11 of the DTAA - Action of revenue sustained - AT Highlights Income Tax Tue, 06 Aug 2013 17:57:33 +0530 https://www.taxtmi.com/highlights?id=13735