TaxTMI 
TaxTMI 
8 New ITOUs to be Operationalised in Next Fiscal
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.... New ITOUs to be Operationalised in Next Fiscal <br>News and Press Release<br>Dated:- 11-3-2011<br><BR>The Minister of State for Finance, Shri S.S. Palanimanickam, in written reply to a question raise....
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....d in Lok Sabha today, said that the Government has taken steps to operationalise 8 new Income Tax Overseas Units (ITOUs) in France, Germany, Netherlands, Cyprus, U.S.A, U.K., U.A.E. and Japan in the n....
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....ext financial year Two ITOUs have already been operationalised in Singapore & Mauritius in F.Y. 2010-2011. These Units are not engaged in tax collection process directly. The mandate of ITOUs is t....
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....o assist Indian Competent authorities, under the Double Taxation Avoidance Agreements (DTAAs)/ Tax Information Exchange Agreements (TIEAs), in its various works as well as to provide clarity on Indian....
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.... taxation law in order to promote investment in India. DSM/BY/S (Release ID :70855)<BR> News - Press release - PIB....