TMI BlogCredit for withheld tax - Foreign Tax Credit - Both the parties below have recorded concurrent finding...Credit for withheld tax - Foreign Tax Credit - Both the parties below have recorded concurrent finding that the assessee company has not made any claim for credit towards the above stated withholding tax in earlier assessment years prior to the relevant assessment year 2014-15. We noted that the income has accrued in financial year 2013-14 relevant to assessment year 2014-15 and the assessee has correctly accounted this income in this very assessment year. Once the assessee has accounted for thi..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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