1980 (6) TMI 42 - AT - Income Tax

Summary

The Revenue appealed the AAC's order granting double taxation relief to the assessee for his share of income-tax paid by a firm in Nepal. The AAC found the assessee entitled to relief at the Nepal tax rate. The CBDT instruction stated partners are not entitled to relief under s. 91 of the IT Act for tax paid by the firm abroad. The Tribunal upheld the relief granted to the assessee based on Circular No. 6 of 1974. The appeal was dismissed.