https://www.taxtmi.com/caselaws?id=59715 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order that the assessee is entitled to the benefits of the India-Netherlands DTAA. The Tribunal clarified that the term 'tax' under Article 3(d) does not include amounts payable due to procedural defaults related to transfer pricing regulations. Consequently, the assessee's capital gain computed by the AO would be exempt from tax in India under the DTAA provisions. en-us Fri, 27 Jun 2008 00:00:00 +0530 Wed, 12 Jun 2013 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59715 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order that the assessee is entitled to the benefits of the India-Netherlands DTAA. The Tribunal clarified that the term 'tax' under Article 3(d) does not include amounts payable due to procedural defaults related to transfer pricing regulations. Consequently, the assessee's capital gain computed by the AO would be exempt from tax in India under the DTAA provisions. Case-Laws Income Tax Fri, 27 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59715