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The Earnings Tax division on Friday issued clarifications concerning the current amendments to the India Mauritius Double Taxation Avoidance Settlement (DTAA) which have sparked considerations amongst stakeholders.
The division stated that the Protocol pertaining to the modification is but to be ratified and notified underneath Part 90 of the Earnings-tax Act, 1961. Till this Protocol comes into power, any queries or considerations concerning the amendments will likely be addressed as and when obligatory, stated the division.
“Some considerations have been raised on the India Mauritius DTAA amended lately. On this context, it’s clarified that the considerations /queries are untimely in the meanwhile because the Protocol is but to be ratified and notified u/s 90 of the Earnings-tax Act, 1961. As and when the Protocol comes into power, queries, if any, will likely be addressed, wherever obligatory.”
