https://www.taxtmi.com/caselaws?id=279895 Where interest income is taxed under a treaty-prescribed rate in the India-Singapore DTAA, surcharge and education cess cannot be added separately while processing the return under section 143(1). The Tribunal followed its coordinate bench on the same treaty issue and held that, once the treaty rate governs the charge on interest income, the additional levies do not form part of that rate for separate inclusion at the processing stage. The appellate order deleting the surcharge and education cess was therefore left undisturbed, and the Revenue's appeal failed. en-us Wed, 23 Oct 2013 00:00:00 +0530 Tue, 16 Jul 2024 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279895 Where interest income is taxed under a treaty-prescribed rate in the India-Singapore DTAA, surcharge and education cess cannot be added separately while processing the return under section 143(1). The Tribunal followed its coordinate bench on the same treaty issue and held that, once the treaty rate governs the charge on interest income, the additional levies do not form part of that rate for separate inclusion at the processing stage. The appellate order deleting the surcharge and education cess was therefore left undisturbed, and the Revenue's appeal failed. Case-Laws Income Tax Wed, 23 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279895