Interest on refund of tax is not covered by definition of 'interest' mentioned under article 12(4) of India-Italy DTAA, and, therefore, Assessing Officer is justified in imposing TDS at higher rate while granting such interest to assessee

IT/ILT : Interest on refund of tax is not covered by definition of 'interest' mentioned under article 12(4) of India-Italy DTAA, and, therefore, Assessing Officer is justified in imposing TDS at higher rate while granting such interest

to assessee

[2015] 63 taxmann.com 280 (Chennai - Trib.)

IN THE ITAT CHENNAI BENCH 'D'

Ansaldo Energia SPA

v.

Deputy Director of Income-tax (International Taxation),Chennai