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...

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...

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...