DTAA benefit of Mauritius

Hello Sir/Madam,
We have deducted TDS under section 195 @21.012% in FY-2015-16, INR 931942 on approv 44 lakh but in our Mauritius office they are getting tax benefit 38000 on 132000 as gross amount. Please advise how Mauritius office can get total tax benefit.
Asked 11 months ago in Corporate Tax from New Delhi, Delhi
Dear Sir,

Please let us know the end to end transaction flow. What was the transaction and whether Mauritius company have any other income in India.

Further, if it is transaction between two related group entities, you have to report this transaction in form 3CEB. Are you filing form 3CEB?

Please feel free to call/revert in case of any doubts

Thanks and Regards 
Abhishek Dugar 
CA CS B.Com
Abhishek Dugar
CA, Mumbai
1997 Answers
5.0 on 5.0
  Talk to Abhishek Dugar
The tax liability is determined on the basis of computation of income determined in accordance with the laws of each country and the credit for tax is given only to the extent of tax applicable on such income. Thus if your income is taxed, say in India for x amount and the tax liability is y amount, you can get double taxation relief only to the extent of y only, even if the tax in the origin country is y+. 
In your case, specific advice can be given only after knowing the computation of tax liability of your Mauritius office.
B Vijaya Kumar
CA, Hyderabad
638 Answers
5.0 on 5.0
  Talk to B Vijaya Kumar
Hello Sir,

I am not in a position to understand your query, would you be in a position to explain it in detail please.

Rohit R Sharma
CA, Mumbai
1764 Answers
5.0 on 5.0
  Talk to Rohit R Sharma
Dear Sir,

Whatever tax you have deducted shall be in total i.e. Rs. 9,31,942/- shall be available as credit and if any excess tax paid shall be refunded by the respective authorities.
Vishrut Rajesh Shah
CA, Ahmedabad
598 Answers
5.0 on 5.0
  Talk to Vishrut Rajesh Shah

Ask a Question

Get tax advice from top-rated chartered accountants. It's quick, easy, and anonymous!
Ask a question

Other Questions

Chartered Accountants

Lakshita Bhandari
CA, Mumbai
508 Answers
5.0 on 5.0
Abhishek Dugar
CA, Mumbai
1997 Answers
5.0 on 5.0
Rohit R Sharma
CA, Mumbai
1764 Answers
5.0 on 5.0
Keerthiga Padmanabhan
CA, Greater Mumbai
581 Answers
5.0 on 5.0
Lalit Bansal
CA, Delhi
379 Answers
5.0 on 5.0
Vidya Jain
CA, Kolkata
381 Answers
4.0 on 5.0
Vishrut Rajesh Shah
CA, Ahmedabad
598 Answers
5.0 on 5.0
Pradeep Bhat
CA, Bengaluru
363 Answers
5.0 on 5.0
Shyam Sunder Modani
CA, Hyderabad
1390 Answers
5.0 on 5.0
B Vijaya Kumar
CA, Hyderabad
638 Answers
5.0 on 5.0