International Tax Treaties: Abridging the Concept of Double Taxation Avoidance Agreements in India

Double Taxation Avoidance Agreement came into existence from the problem of International Taxation under which same income taxed twice if it is earned in foreign country. International or double taxation affects international trade to decline which will reduce the objective of world trade of smooth and efficient sharing the resources to improve the economy of each and every country. Hence the study is undertaken to know the concept behind the implementation of DTAA and the ways of tax relief through DTAA under income tax act 1961 in India. Furthermore, to understand the classified advantages of DTAA’s to Indian’s, NRI’s and at Genera level. And also the paper undergone to know the how much India’s DTAA is made and active with other countries.