https://www.taxtmi.com/acts?id=20298 The treaty does not affect domestic anti avoidance provisions. Treaty benefits are denied where the main purpose of creating or maintaining a resident, or of undertaking a transaction, was to obtain benefits under the treaty. The Article covers legal entities without bona fide business activities. When benefits are denied under this Article, the competent authority of the other Contracting State shall be notified. en-us Mon, 28 Dec 2015 12:37:43 +0530 Tue, 26 Nov 2024 16:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20298 The treaty does not affect domestic anti avoidance provisions. Treaty benefits are denied where the main purpose of creating or maintaining a resident, or of undertaking a transaction, was to obtain benefits under the treaty. The Article covers legal entities without bona fide business activities. When benefits are denied under this Article, the competent authority of the other Contracting State shall be notified. Act-Rules DTAA Mon, 28 Dec 2015 12:37:43 +0530 https://www.taxtmi.com/acts?id=20298