Benefits of the India-United Kingdom (UK) Double Taxation Avoidance Agreement to UK partnership firms

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..... s of the India-United Kingdom (UK) Double Taxation Avoidance Agreement to UK partnership firms. An Amending Protocol to the India-UK Double Taxation Avoidance Agreement(DTAA) was notified vide Notification No.10/2014 dated 10th February, 2014 with effect from 27th December, 2013. As a result of the aforesaid Protocol, inter alia, the earlier definition of the term "person" in Article 3 .....

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..... conferred under section 119 of the Income-tax Act, 1961, the Board hereby clarifies that the provisions of the India-UK DTAA would be applicable to a partnership that is a resident of either India or UK, to the extent that the income derived by such partnership, estate or trust is subject to tax in that State as the income of a resident, either in its own hands or in the hands of its partners or b .....

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