Taxability of income in India - Interest income on income tax ...

Case Laws Income Tax

February 8, 2022

Taxability of income in India - Interest income on income tax refund - As referring to relevant Article 11 of Indo-US DTAA with regard to interest it can be concluded that interest on income tax refund is not effectively connected with the PE either on the basis of asset- test or activity- test. Hence, it is taxable as per the provisions in the Para No. 2 of Article XI of Indo- US DTAA. - AT

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Taxability of income in India - Interest income on income tax ...

Case Laws Income Tax

February 8, 2022

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