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On 12/15/18, 8:06 AM

Yes, Corporate Tax & Withholding Tax is applicable in India even when Double Taxation Avoidance Agreement (DTAA) agreement is signed with that country. DTAA entails all the possible incomes which are to be taxed in India and at what tax rate. When Double Taxation Avoidance Agreement has been signed with another country, this allows the resident Assessee which is filing its income tax return in India to claim Taxes already paid or Withholding Tax Deducted in another country thereby avoiding double taxation of income.


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Asked: 12/15/18, 4:29 AM
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Last updated: 12/15/18, 8:06 AM