CBDT to Settle FIIs Claims Under DTAA Provisions Within one Month Period
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....BDT to Settle FIIs Claims Under DTAA Provisions Within one Month Period <br>News and Press Release<br>Dated:- 27-4-2015<br><BR>It has come to the notice of the Board that several Foreign Institutional....
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.... Investors (FIIs) receiving income from transactions in securities claim such income as exempt from tax under the Income Tax Act, 1961('the Act') by availing benefit provided in the Double Taxation Av....
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....oidance Agreements('DTAAs') signed between India and their respective countries of residence. Since the issue involved in such cases is limited, such claims should be decided expeditiously. It has th....
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....erefore been decided that in all cases of Foreign Institutional Investors seeking treaty benefits under the provisions of respective DTAAs, decision may be taken on such claims within one month from t....
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....he date such claim is filed. The officers concerned have been directed accordingly.<BR> News - Press release - PIB....
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