Rollback provision in new DTAA makes it less taxing for Korean firms in India
In a relief to multinational companies located in Korea and doing business in India, the Finance Ministry on Friday clarified that the revised double taxation avoidance agreement between the two countries allows taxpayers to file for bilateral advance pricing agreements (APAs) along with rollback provision.
- Amit Agarwal, Partner shares his views on aforementioned story for Hindu Business Line.
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- Rajat Mohan, Director shares his views on Plain or embellished, it is still a saree for CBEC for Hindu Business line.
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