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TMI BlogIncome Tax Overseas Units.X X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax Overseas Units. X X X X Extracts X X X X X X X X Extracts X X X X ..... its Income-tax Overseas Units (ITOUs) manned by tax officers at the level of First Secretary have been established in Mauritius and Singapore. Further, posting orders in respect of officers to be pos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted to newly created ITOUs in Indian missions at Cyprus, France, Germany, Japan, Netherlands, UAE, UK and USA have been issued. The relieving of these 8 officers to join their respective ITOU is pendi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng for finalization of terms & conditions of their posting by Ministry of External Affairs. ITOUs in Mauritius and Singapore facilitate and expedite the exchange of information process under Double T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axation Avoidance Agreements (DTAA) with these countries. However, the information received cannot be disclosed as it is governed by the confidentiality clause of the respective DTAA with these countr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ies. Inter-departmental consultations are going on to examine the need for setting up more such units in other countries. This information was given by the Minister of State for Finance, Shri S.S. P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lanimanickam in written reply to a question in Lok Sabha today.
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