CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country Signed Agreement with India For The Avoidance Of Double Taxation?
A
Iran
B
Iraq
C
Pakistan
D
Indonesia
Explanation: 

Detailed explanation-1: -Double Taxation Avoidance Agreement (DTAA) is an agreement between two countries that the income of non-residents should not be taxed both in their country of origin and in the country in which they live. Model forms were first prepared by the Fiscal Committee of the League of Nations in 1927.

Detailed explanation-2: -Double Taxation Avoidance Agreements (DTAA) is a treaty signed between two or more countries and is applicable in cases where a taxpayer residing in one country has to earn his/her income from another country.

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