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Shristi Rajput
April 20, 2026

Submitted By: Shristi Rajput

Circular No. 3/2022 Clarification regarding the most favoured nation in protocol to India's DTAAs with certain countries

It explains how the MFN clause should be applied, meaning that if India later signs a DTAA with a third country offering a lower tax rate or more beneficial terms, those benefits may automatically extend to earlier treaty partners, subject to specific conditions and formal notification.

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