Tax treaty benefit cannot be denied for Fraud mobile number: ITAT Mumbai

Abu Dhabi Investment Authority Vs DCIT (ITAT Mumbai) Abu Dhabi Investment Authority (ADIA) faced a crucial tax dispute with the Income Tax Department in Mumbai. The dispute revolved around the denial of tax treaty benefits under the India-UAE Double Taxation Avoidance Agreement (DTAA) for certain income earned in India during the assessment year 2019-20. The crux of the matter lay in ADIA’s claim for tax exemption on its income in India under Article 24 of the India-UAE DTAA. The ITAT Mumbai examined whether ADIA qualified as a government entity, thus making its income exempt from Indian...