Rates of tax for Non-residents in case of No PAN Section 206AA Section 206AA is a non-obstante clause which provides the consequence of non-availability PAN. Sub section (1) of the section provides that where the PAN of payee including non-residents and foreign companies are not furnished or
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Understanding the Tax Treaties (DTAAs) Why need of Tax Treaty Where a taxpayer who is resident of a country i.e. country of residence, earns income in another country i.e. source country, it gives rise to possible double taxation of such income in the hands of the taxpayer,
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Now India, a New Tax Heaven! India a tax heaven for manufacturing domestic companies! Yes, you read it right, India has brought it tax rates to most competitive rates in the world. The India now one of the lowest tax countries among Singapore and Mauritius with lowest
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