https://www.taxtmi.com/caselaws?id=269382 Interest paid on an income-tax refund to a non-resident was treated as taxable in India because it did not fall within the definition of "interest" under Article 12(4) of the India-Italy DTAA. On that basis, tax deduction at source under section 195(1) was held to apply when effect was given to the refund order. The Tribunal distinguished the authorities relied on by the assessee as not dealing with the same treaty context and upheld the tax treatment of the refund interest against the assessee. en-us Fri, 17 Jul 2015 00:00:00 +0530 Sat, 18 Jun 2016 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269382 Interest paid on an income-tax refund to a non-resident was treated as taxable in India because it did not fall within the definition of "interest" under Article 12(4) of the India-Italy DTAA. On that basis, tax deduction at source under section 195(1) was held to apply when effect was given to the refund order. The Tribunal distinguished the authorities relied on by the assessee as not dealing with the same treaty context and upheld the tax treatment of the refund interest against the assessee. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269382