Tax alert: US LLC eligible for India-US tax treaty benefit has been saved
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Tax alert: US LLC eligible for India-US tax treaty benefit
17 September 2024
The Delhi Bench of the Income-tax Appellate Tribunal has held that a Limited Liability Company (LLC) formed under US laws, qualifies as a ‘resident’ under Article 4 of the India-US tax treaty and thus, is eligible for benefit under India-US tax treaty.
