Navigating NRI Investments : Understanding Double Taxation Avoidance Agreement (DTAA)

Posted On Friday, May 09, 2025

Dear Partner,

A recent ruling by the Income Tax Appellate Tribunal (ITAT), Mumbai around capital gains arising out of redemption of mutual fund units by NRI investors are not taxable in India, under Article 13(5) of the applicable Double Taxation Avoidance Agreement (DTAA). Read full article

To serve your NRI investors better, please refer the provisions of DTAA applicable to cross-border taxation across various countries with which India has signed a DTAA.

This resource could be essential for your NRI clients reviewing their portfolios, switching asset classes, or seeking clarity on global tax matters.

Team Quantum

Quantum Mutual Fund

Above article is authored by Quantum.

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