https://www.taxtmi.com/caselaws?id=306338 The Tribunal held that section 206AA of the Income Tax Act, 1961 cannot override the more beneficial provisions of the Double Taxation Avoidance Agreement (DTAA) under section 90 of the Act. Relying on legal precedents and the primacy of DTAA provisions over domestic tax laws when advantageous to the assessee, the Tribunal dismissed the appeal and upheld the deletion of the tax demand by the CIT(A) due to the favorable tax rate applied under the relevant DTAAs. en-us Thu, 05 Apr 2018 00:00:00 +0530 Mon, 23 Jan 2023 18:51:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306338 The Tribunal held that section 206AA of the Income Tax Act, 1961 cannot override the more beneficial provisions of the Double Taxation Avoidance Agreement (DTAA) under section 90 of the Act. Relying on legal precedents and the primacy of DTAA provisions over domestic tax laws when advantageous to the assessee, the Tribunal dismissed the appeal and upheld the deletion of the tax demand by the CIT(A) due to the favorable tax rate applied under the relevant DTAAs. Case-Laws Income Tax Thu, 05 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306338