You are here: Home » PTI Stories » National » News
Business Standard

CBDT notifies protocol amending India-Kazakhstan tax treaty

Press Trust of India  |  New Delhi 

The government has notified the protocol amending the and avoidance convention (DTAC) to help curb evasion.

The two countries had on January 6, 2017, signed a protocol to amend the existing They protocol was notified in official gazette on April 12, a statement said.

"The Protocol provides internationally accepted standards for effective exchange of information on matters. Further, the information received from for purposes can be shared with other law enforcement agencies with the authorisation of the competent authority of and vice versa," it said.

The protocol also has a Limitation of Benefits article to provide a main purpose test to prevent misuse of the and to allow application of domestic law and measures against avoidance or evasion.

Specific provisions to facilitate relieving of economic in transfer pricing cases has also been inserted, the ministry added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 20:35 IST
RECOMMENDED FOR YOU