Allowing the appeal of the assessee the Tribunal held that ,assessee can apply the rate prescribed under DTAA if it is beneficial to him. Provision of S.206AA does not override provisions of DTAA. ( AY.2013-14)
Emmsons International Ltd. v. DCIT (2018) 171 ITD 140 (Delhi) (Trib.)
S.206AA: Requirement to furnish Permanent Account Number-Payment to non –resident – Assessee can apply the rate prescribed under DTAA if it is beneficial to him- Provision of S.206AA does not override provisions of DTAA [ S.90,195 ]