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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Foreign tax credit - quantification of income for the purpose of ...


Foreign Tax Credit Calculation Requires Separate Income Assessment per Jurisdiction as per Treaty Guidelines for Accurate Credit Determination.

January 13, 2017

Case Laws     Income Tax     AT

Foreign tax credit - quantification of income for the purpose of computing admissible tax credit - The tax credit for both the jurisdictions is to be computed separately but in a similar manner, as is provided in the respective treaties - AT

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