https://www.taxtmi.com/caselaws?id=413394 A valid Mauritian Tax Residency Certificate, read with CBDT Circular No. 789, was treated as sufficient evidence of residence and beneficial ownership for treaty benefits under the India-Mauritius DTAA. The Tribunal held that this clarification was not limited to dividend or capital gains income and also applied to interest income under Article 11(3)(c). Relying on the assessee's own earlier cases and finding no contrary material, it accepted treaty protection for the interest earned from debt securities and upheld the CIT(A)'s relief, with the Revenue's challenge failing. en-us Wed, 29 Sep 2021 00:00:00 +0530 Mon, 11 Oct 2021 08:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413394 A valid Mauritian Tax Residency Certificate, read with CBDT Circular No. 789, was treated as sufficient evidence of residence and beneficial ownership for treaty benefits under the India-Mauritius DTAA. The Tribunal held that this clarification was not limited to dividend or capital gains income and also applied to interest income under Article 11(3)(c). Relying on the assessee's own earlier cases and finding no contrary material, it accepted treaty protection for the interest earned from debt securities and upheld the CIT(A)'s relief, with the Revenue's challenge failing. Case-Laws Income Tax Wed, 29 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413394