https://www.taxtmi.com/highlights?id=73115 Denial of treaty benefits treating the assessee as a conduit company set up - Taxability of long-term capital gain claimed as exempt under Article 13(4) of India – Mauritius DTAA - Though, AO has alleged that the assessee is a conduit company and has been set up as a part of tax avoidance arrangement, surprisingly, he has not invoked the provisions of GAAR as provided under Chapter XA of the Act. - TRC issued by the competent authority in Mauritius has to be accepted - AT en-us Mon, 20 Nov 2023 08:27:38 +0530 Mon, 20 Nov 2023 10:59:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73115 Denial of treaty benefits treating the assessee as a conduit company set up - Taxability of long-term capital gain claimed as exempt under Article 13(4) of India – Mauritius DTAA - Though, AO has alleged that the assessee is a conduit company and has been set up as a part of tax avoidance arrangement, surprisingly, he has not invoked the provisions of GAAR as provided under Chapter XA of the Act. - TRC issued by the competent authority in Mauritius has to be accepted - AT Highlights Income Tax Mon, 20 Nov 2023 08:27:38 +0530 https://www.taxtmi.com/highlights?id=73115