2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India and which country has signed a protocol to amend the existing bilateral taxation treaty for Avoidance of Double Taxation and the Prevention of Fiscal Evasion.
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Russia
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Vietnam
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Malaysia
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Austria
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Explanation:
Detailed explanation-1: -The Governments of India and the People’s Republic of China, on 26 November 2018, signed a Protocol amending the Double Taxation Avoidance Agreement (tax treaty) between India and China. India notified1 this Protocol on 17 July 2019.
Detailed explanation-2: -As per the DTAA agreement between India and the USA, the same income is not taxable in both countries. Thus, if you have paid tax on such income in USA, you can claim the credit of such tax paid by filing Form 67.
There is 1 question to complete.