Published Paper Details:

In the context of International Taxations, including cross-border investments, eliminated double Taxation became an important consideration in doing business in India and abroad specially with the double taxation aspect became omnipresent in relations to transactions involving cross-boarder investments with those foreign entities belonging to those countries with which India does not have double taxation Avoidance Agreements. To overcome difficulties faced by investors from different countries, India in new countries entered into Double Taxation Avoidance Agreements (DTAA) with many countries. To overcome difficulties faced by investors from different countries, in recent years, India entered into Double Taxation Avoidance Agreements with many countries through the Income Tax Act 1961, in the year 2001. Another way of resolving disputes relating to taxes involving International transactions is through mutual agreement procedure through OECD MODEL.