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Income Tax - Highlights / Catch Notes

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Non grant of Foreign Tax Credit ('FTC') - Even in a case belated ...

Income Tax

March 3, 2023

Non grant of Foreign Tax Credit ('FTC') - Even in a case belated filing of Form 67, the AO should consider tax paid by the assessee in other countries when income pertains to said tax credit has been offered to tax in India as per domestic tax laws. - AT

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