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Income Tax - Highlights / Catch Notes

Home Highlights September 2023 Year 2023 This

Denial of Foreign tax credit - If the finding of lower authority ...

Case Laws     Income Tax

September 2, 2023

Denial of Foreign tax credit - If the finding of lower authority regarding place of effective management is presumed to be correct, in that case, no tax could be charged as the transaction took place off shores and income was generated in USA - Benefit of FTC allowed - AT

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