https://www.taxtmi.com/news?id=1684 The Government will operationalise eight new Income Tax Overseas Units in the next fiscal; two ITOUs are already functional in Singapore and Mauritius. The ITOUs will not undertake direct tax collection. Their mandate is to assist Indian competent authorities under Double Taxation Avoidance Agreements and Tax Information Exchange Agreements by facilitating information exchange, treaty administration, and providing clarity on Indian taxation law to promote investment. en-us Fri, 11 Mar 2011 18:04:00 +0530 Fri, 11 Mar 2011 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1684 The Government will operationalise eight new Income Tax Overseas Units in the next fiscal; two ITOUs are already functional in Singapore and Mauritius. The ITOUs will not undertake direct tax collection. Their mandate is to assist Indian competent authorities under Double Taxation Avoidance Agreements and Tax Information Exchange Agreements by facilitating information exchange, treaty administration, and providing clarity on Indian taxation law to promote investment. News - Fri, 11 Mar 2011 18:04:00 +0530 https://www.taxtmi.com/news?id=1684