https://www.taxtmi.com/caselaws?id=355868 The court partly allowed the writ petition, affirming that Double Taxation Avoidance Agreement (DTAA) provisions prevail over domestic law when more beneficial to the assessee. It held that Section 206AA of the Income Tax Act should align with DTAA, capping the tax rate at 10% for non-residents from treaty countries. The court's decision was influenced by legislative amendments exempting non-residents from the higher tax rate if they furnish a specific identification number or code. The judgment emphasized harmonizing Section 206AA with DTAA provisions to prevent exceeding the 10% tax rate limit. en-us Mon, 05 Feb 2018 00:00:00 +0530 Fri, 03 May 2019 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355868 The court partly allowed the writ petition, affirming that Double Taxation Avoidance Agreement (DTAA) provisions prevail over domestic law when more beneficial to the assessee. It held that Section 206AA of the Income Tax Act should align with DTAA, capping the tax rate at 10% for non-residents from treaty countries. The court's decision was influenced by legislative amendments exempting non-residents from the higher tax rate if they furnish a specific identification number or code. The judgment emphasized harmonizing Section 206AA with DTAA provisions to prevent exceeding the 10% tax rate limit. Case-Laws Income Tax Mon, 05 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355868