The Central Board of Direct Taxes (CBDT) has clarified its stance on Principal Purpose Test (PPT) regarding Double Taxation ...

The CBDT has clarified that the Principal Purpose Test (PPT) will apply prospectively, ensuring that past investments under ...

India has made certain treaty-specific bilateral commitments in the form of grandfathering provisions in the DTAAs signed ...

India's CBDT clarifies PPT applicability for tax treaty benefits, grandfathering provisions for Mauritius, Singapore, and ...

For ensuring parity and uniformity In the application of the PPT provision under India’s DTAAs, it is clarified that the PPT provision is Intended to he applied prospectively. Accordingly, the PPT ...

CBDT clarifies PPT application, protecting past investments under India's tax treaties with Mauritius, Cyprus, and Singapore.

The income tax department has come out with a fresh guidance note on applicability of Principal Purpose Test (PPT) for ...

Provisions will continue to be governed by the specific clauses outlined in respective Double Taxation Avoidance Agreements ...

The Central Board of Direct Taxes has issued a new guidance note on the Principal Purpose Test (PPT) for tax treaty benefits, applicable prospectively. The note ensures that grandfathering provisions ...

The Central Board of Direct Taxes (CBDT) has issued a new guidance note on the Principal Purpose Test (PPT) for claiming tax ...

CBDT clarifies that grandfathering provisions in India's DTAAs with Cyprus, Mauritius, and Singapore are outside PPT provision.

In a major relief for foreign investors in India from Mauritius, Singapore and Cyprus, the Central Board of Direct Taxes ...