Clarity on Application of MFN clause in view of the recent CBDT circular (Pune Tribunal)
March 2, 2022The applicability of MFN clause in Indian tax treaties has been subject to debate in recent past. The Central Board of Direct Taxes (“CBDT”) has also recently released a circular dated February 3, 2022, clarifying the applicability of MFN clause present in Indian tax treaties. The Circular was released in response to the unilateral directives issued […]