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Agreement for Avoidance of Double Taxation
April 7 , 2018
2218 days
875
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- The Union Cabinet has approved Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to taxes on income between India and Iran.
- The agreement will increase flow of investment and promotes transfer of technology and personnel from India to Iran & vice versa and prevent double taxation.
- The Central Government is authorized to enter into Agreement with other country or specified territory for avoidance of double taxation of income for exchange of information for prevention of evasion under Section 90 of Income Tax Act, 1961.
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