INDIA AND AUSTRALIA SIGNED A PROTOCOL AMENDING THE EXCITING CONVENTION BETWEEN THE TWO COUNTRIES FOR AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTATION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME ON FEBRUARY 06, 2017. THE PROTOCALL WILL BROADEN THE SCOPE OF THE EXCITING FRAME WORK OF EXCHANGE OF TAXRELATEDINFORMATION WHICH WILL HELP CUEB TAXEVASIONAND TAX AVOIDANCE BETWEEN THE TWO COUNTRIES AND WILL ALSO ENABLE MUTUAL ASSISTANCE INCOLLECTION OF TAXES. SOURCE.ARIHANT C I F.
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