ITAT Relief For Flow Through Entities
  • Prabha Hedge
  • Nov 12 2013

November 12: In a big relief for foreign investors, the ITAT has ruled that flow through entities should be treated as tax residents and would therefore be entitled to benefits under the DTAA. The ruling clears the air on a burning issue on the tax implications on foreign flow through entities many of which are foreign funds investing in India. Bloomberg TV India’s Avantika Gode shares more details on the significant ruling.