https://www.taxtmi.com/caselaws?id=241329 The Indo-UAE DTAA was applied to exempt capital gains from tax in India where the assessee claimed treaty protection under Article 13(3). The Revenue argued that the assessee was not a resident of the contracting state because individuals were not liable to tax in the UAE under Article 4. The Tribunal followed its earlier decision for the immediately preceding year, holding that the materially identical facts required the same treaty interpretation. The treaty benefit was therefore allowed and the capital gains were treated as not taxable in India. en-us Fri, 15 Mar 2013 00:00:00 +0530 Sat, 21 Dec 2013 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241329 The Indo-UAE DTAA was applied to exempt capital gains from tax in India where the assessee claimed treaty protection under Article 13(3). The Revenue argued that the assessee was not a resident of the contracting state because individuals were not liable to tax in the UAE under Article 4. The Tribunal followed its earlier decision for the immediately preceding year, holding that the materially identical facts required the same treaty interpretation. The treaty benefit was therefore allowed and the capital gains were treated as not taxable in India. Case-Laws Income Tax Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241329