In the event of assessee being allowed only partial tax credit ...

Assessees denied full foreign tax credit cannot claim deductions for remaining withheld taxes u/s 37(1) ITA.

April 8, 2017

Case Laws Income Tax AT

In the event of assessee being allowed only partial tax credit in respect of taxes withheld abroad, the assessee cannot be allowed any deduction, in respect of the balance of the taxes so withheld abroad, u/s 37(1) - AT

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In the event of assessee being allowed only partial tax credit ...

Assessees denied full foreign tax credit cannot claim deductions for remaining withheld taxes u/s 37(1) ITA.

April 8, 2017

Case Laws Income Tax AT

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