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ITAT held Double Taxation Avoidance Agreement rate supremacy over Dividend Distribution Tax rate.

ITAT held Double Taxation Avoidance Agreement rate supremacy over Dividend Distribution Tax rate.

by TEXTILE VALUE CHAIN | Oct 16, 2020 | Industry And Cluster, News & Insights

Delhi bench of Income Tax Appellate Tribunal has held that Dividend Distribution Tax (DDT) levied by the assessee should not exceed the rate specified in the Double Taxation Avoidance Agreement (DTAA). Gurugram-based Giesecke & Devrient [India] Private Limited had...

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