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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Claim of credit for foreign TDS - the object of section 91(1) is ...


Foreign Tax Credit Relief u/s 91(1): Indian Taxation Eased for Taxes Paid Abroad, Even if Not Same Year.

December 22, 2019

Case Laws     Income Tax     AT

Claim of credit for foreign TDS - the object of section 91(1) is to give relief from taxation in India to extent taxes have been paid abroad for relevant previous year and this relief is not dependent upon payment also being made in previous year. - claim of credit for foreign TDS should be allowed in favour of the assessee.

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