{"id":22154,"date":"2021-10-05T18:06:53","date_gmt":"2021-10-05T12:36:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/abc-ltd-inre-2021-435-itr-249-aar\/"},"modified":"2021-10-05T18:06:53","modified_gmt":"2021-10-05T12:36:53","slug":"abc-ltd-inre-2021-435-itr-249-aar","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/abc-ltd-inre-2021-435-itr-249-aar\/","title":{"rendered":"ABC LTD., Inre. (2021) 435 ITR 249 (AAR)"},"content":{"rendered":"<p>Two questions answered by the AAR as follows :<\/p>\n<p>(1) \u00a0\u00a0 The interest earned by the applicant on non-convertible debentures of JKL Ltd is taxable at the rate of 15 per cent. as per article 11(2)(b) of the India-Singapore tax treaty.<\/p>\n<p>(2)\u00a0\u00a0\u00a0 JKL Ltd is liable to withhold tax at the rate of 15 % under the provision of section 195 of the Income-tax Act on payment of interest to applicant.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 195 : Deduction at source-Non-resident-Foreign Institutional investor-Rate of tax-Non-convertible debenture-Liable to tax at 15 %-Liable to withhold tax at the rate of 15%-DTAA-India-Singapore. [S. 115AD, Art. 11(2)(b)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-22154","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Lk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=22154"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22154\/revisions"}],"predecessor-version":[{"id":22155,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22154\/revisions\/22155"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}