The Government of the Republic of India and the Government of the Islamic Republic of Iran entered into Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion
The existing taxes to which the Agreement shall apply are in particular:
(a) in the case of the Islamic Republic of Iran: the income tax;
(b) in the case of India: the income tax, including any surcharge thereon.
The Articles of the agreement deals with various definitions/ taxations on:
Resident
Permanent Establishment
Income From Immovable Property
Business Profits
International traffic
Associated enterprises
Dividends
Interest
Royalties
Fees for Technical Services
Capital Gains
Independent Personal Services
Dependent Personal Services
Directors’ Fees
Artistes and Sportspersons
Pensions
Government Service
Professors, Teachers and Research Scholars
Students
Other Income
Elimination of Double taxation
Mere CBDT Instructions cannot absolve individuals of their obligation to explain the source and nature of their gold holdings, even…
Empanelment of General Observers for ICSI Examinations December 2026 ICSI has invited interested members to enroll as General Observers for…
ITAT answers some important and inter-related issues relating to deduction u/s 80IA In a recent judgment, ITAT has dealt with…
Carry forward of loss can not be denied for belated return, it is only the set off in subsequent year…
Where sales are duly recorded in books and VAT returns, to treat it bogus sales, AO must bringing cogent adverse…
Expenses to celebrate Diwali with staff creates a goodwill and, therefore amounts to expenses incurred for the purpose of business…