SC Confirms DTAA Protection Against Higher TDS Under Section 206AA

CIT (International Taxation) Vs Air India Ltd. (Supreme Court of India) Supreme Court dismissed the special leave petition filed by the tax department in the matter involving the applicability of Section 206AA of the Income Tax Act vis-à-vis the Double Tax Avoidance Agreement (DTAA). The Court condoned the delay and held that the impugned order required no interference, disposing of all pending applications. Read HC Judgment: TDS Rate for Non-Residents Governed by DTAA, Not Section 206AA: Delhi HC The Delhi High Court judgment relates to an appeal filed by the tax department challenging the ...