tax residency certificate

How Tax Residency Certificate (TRC) Can be Obtained by Resident of India?

The tax residency certificate is an important document for seeking tax relief by a tax resident of one country from another country with which there exists Double Taxation Avoidance Agreement. This document- Tax Residency Certificate – is an authentic document that certifies your claim of being a resident of the country. While Section 90 and 90A deal with tax relief …

DTAA Between India and Albania

SECTION 90 OF THE INCOME-TAX ACT, 1961 – DOUBLE TAXATION AGREEMENT – AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH FOREIGN COUNTRIES – ALBANIA NOTIFICATION NO.2/2014 [F.NO.501/1/2003-FTD-I]/SO 47(E), DATED 6-1-2014 1. Whereas, an agreement (hereinafter referred to as the said agreement) was entered into between the Government of the Republic of India and the Council of …

education_cess

No Education Cess if DTAA Rate Applicable !

The education cess  was introduced from Assessment Year 2005-06 vide Finance Act 2004 by which an additional tax was imposed computed on the basis of tax & surcharge.However, this new additional tax  has created a controversy in case of non resident assessees specially with respect to tax resident of countries with whom India has a Double Taxation Avoidance Agreement . …

DTAA Between India & Armenia

Armenia Agreement for Avoidance of Double Taxation and prevention of fiscal evasion with Armenia Whereas the annexed Convention between the Government of the Republic of India and the Government of the Republic of the Armenia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, has come into force on the 9th …