ITAT Beneficial DTAA rate on dividends prevails over DDT rate
The webinar on a landmark ruling of the Delhi Bench of the Income Tax Appellate Tribunal delivered on 13 October 2020 in the context of taxation of dividends. The Tribunal has held that the Dividend Distribution Tax (‘DDT’) payable by an Indian Company should not exceed the rate specified in Tax Treaty between India and the country of the shareholder.
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