https://www.taxtmi.com/caselaws?id=298058 Interest under section 234B was not disturbed because the issue was already covered by the assessee's earlier year order and no basis was shown to depart from that view. Interest from securities and T-bills was treated as exempt under article 11(3)(c) of the India-Mauritius DTAA because the Tribunal accepted the Mauritian Tax Residency Certificate as sufficient evidence of residence and beneficial ownership, and applied CBDT Circular No. 789. The Tribunal therefore followed its prior orders, upheld treaty protection for the interest income, and found no reason to interfere with the CIT(A)'s order. en-us Mon, 02 Mar 2020 00:00:00 +0530 Fri, 08 Oct 2021 08:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298058 Interest under section 234B was not disturbed because the issue was already covered by the assessee's earlier year order and no basis was shown to depart from that view. Interest from securities and T-bills was treated as exempt under article 11(3)(c) of the India-Mauritius DTAA because the Tribunal accepted the Mauritian Tax Residency Certificate as sufficient evidence of residence and beneficial ownership, and applied CBDT Circular No. 789. The Tribunal therefore followed its prior orders, upheld treaty protection for the interest income, and found no reason to interfere with the CIT(A)'s order. Case-Laws Income Tax Mon, 02 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298058