Interpretation of the Most Favored Nations Clause

Whether a treaty could be ebtered by the Government just for the purpose for sharing information rather than avoiding double taxation?

• True

• False

A treaty entered by Union with other country ( without any notification) is binding on ?

• Indian Nationals

• Parliament

• Union itself

• None of the above

Law making by Parliament is required in case....?

• If the treaty or agreement does not restrict or affect the rights of citizens or others or does not  modifies the law of India.

• If the treaty or agreement restricts or affects the rights of citizens or others or modifies the law of India.

• Both of the above

• None of the above

If India entered into tax treaty with a country, will the MFN benefit will automatically apply to other treaty countries as well?

• The MFN benefit will automatically apply to other treaty countries

• The MFN benefit will not automatically apply to other treaty countries.

• The MFN benefit will apply pursuant to some conditions

As per Article 253 of Indian Constitution , the power to make laws to give effect to international agreements is given to?

• Union

• Respective Parties

• Parliament

• None of the above

Which of the following is not a Model Tax Conventions?

• US Model

• Pakistan Model

• UN Model

• OECD Model

If a country signed DTAA on 14.3.2005 and it came into force on 7.7.2011 and notified on 29.7.2011 but became OECD members on 28.2.2005. Is MFN benefit available? 

• Yes

• No

Section 90 of Income Tax Act authorizes the state government to enter into a tax treaty with another country or territory outside India?

• True

• False

Is OECD membership is a continuous requirement?

• True

• False

What different languages are used in MFN Clauses?

• Automatic Application

• Requiring Notification

• Requiring Negotiations

• All of the above