ITAT gives relief on DDT by local companies on dividends to foreign shareholders – Rakesh Nangia

In a landmark judgement, Delhi ITAT rules in favour of assessee co. [an Indian co. having German parent] for AY 2013-14, holds that DDT levied by the appellant [assessee] should not exceed the rate specified in Article 10 in India Germany DTAA.

1. Our Chairman, Rakesh Nangia shares his insights on aforementioned story for Economic Times & Hindu Business Line.