Income Tax department on Friday issued clarifications regarding the recent amendments to the India Mauritius Double Taxation Avoidance Agreement (DTAA) that have sparked concerns among stakeholders.
The department said that the Protocol pertaining to the amendment is yet to be ratified and notified under Section 90 of the Income-tax Act, 1961.
Until this Protocol comes into force, any queries or concerns regarding the amendments will be addressed as and when necessary, said the department.
«Some concerns have been raised on the India Mauritius DTAA amended recently. In this context, it is clarified that the concerns /queries are premature at the moment since the Protocol is yet to be ratified and notified u/s 90 of the Income-tax Act, 1961.