https://www.taxtmi.com/acts?id=45122 Domestic anti-evasion provisions remain operative. The MLI's Principal Purposes Test replaces the treaty's prior limitation clauses and denies treaty benefits for an item of income if, considering all relevant facts and circumstances, obtaining the benefit was one of the principal purposes of the arrangement or transaction, unless granting the benefit is consistent with the object and purpose of the relevant treaty provisions. en-us Thu, 17 Oct 2024 14:38:46 +0530 Tue, 22 Oct 2024 11:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45122 Domestic anti-evasion provisions remain operative. The MLI's Principal Purposes Test replaces the treaty's prior limitation clauses and denies treaty benefits for an item of income if, considering all relevant facts and circumstances, obtaining the benefit was one of the principal purposes of the arrangement or transaction, unless granting the benefit is consistent with the object and purpose of the relevant treaty provisions. Act-Rules DTAA Thu, 17 Oct 2024 14:38:46 +0530 https://www.taxtmi.com/acts?id=45122