In a significant move to provide clarity on the implementation of tax treaties, the Central Board of Direct Taxes (CBDT) has issued Circular 01/2025, emphasizing the application of the Principal Purpose Test (PPT) under India's Double Taxation Avoidance Agreements (DTAAs).
Text of the Official Ci
CBDT Clarifies Application of Principal Purpose Test in DTAAs
Last updated: 17 March 2025
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