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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Foreign tax credit in respect of income pertaining to section ...


Foreign Tax Credit Applies to Section 10A/10AA Income in India, Excludes Finland and Canada Taxes.

November 9, 2019

Case Laws     Income Tax     AT

Foreign tax credit in respect of income pertaining to section 10A/10AA of the Act eligible units in India - the foreign tax credit would be available to the assessee in all cases except the foreign tax paid in Finland and Canada. The Assessing Officer is directed to grant credit accordingly.

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