Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Foreign tax credit available even on income not subjected to tax in India except foreign tax paid in Finland & Canada

Tata Consultancy Services Ltd. Vs Addl. CIT (ITAT Mumbai) As could be seen, while the Assessing Officer has disallowed assessee’s claim of Foreign Tax Credit in respect of income exempt under section 10A/10AA of the Act on the reasoning that only such income which is subjected to tax in both the countries would qualify for […]



This post first appeared on Tax Guru, please read the originial post: here

Share the post

Foreign tax credit available even on income not subjected to tax in India except foreign tax paid in Finland & Canada

×

Subscribe to Tax Guru

Get updates delivered right to your inbox!

Thank you for your subscription

×