IT office settles international disputes worth Rs.5,000 crore

New Delhi, Feb 16 (IANS) India’s Income Tax department has resolved 180 disputes worth Rs.5,000 crore since April 2014 under a mutual agreement procedure (MAP), the government said on Tuesday.

“The Central Board of Direct Taxes (CBDT) resolved cases pertaining to various sectors of the economy like software services, IT-enabled services, manufacturing, consultancy services, among others,” a union finance ministry statement here said.

The countries with which cases have been resolved are the US, Japan, the UK and China, it added.

MAP is an international tax dispute resolution mechanism under the Double Taxation Avoidance Agreements (DTAA) India has signed with many countries.

“The MAP programme is led by one or more Competent Authorities designated by the signatory countries to resolve tax disputes under the provisions of each treaty,” the statement said.

“MAP has emerged as an effective alternative tax dispute resolution mechanism. In the past two years, increased focus on MAP has resulted in resolution of large number of disputes relating to double taxation,” it added.

According to the finance ministry, this is one of the CBDT initiatives to ensure a fair and expeditious dispute resolution regime to encourage foreign investment in the country.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here