Income Tax Relief: Certified Copies of Foreign Assessments Now Accepted for Double Taxation Relief (Excludes Bangladesh & Sri Lanka.
The Board has addressed issues regarding outstanding Income-tax demands related to foreign income due to the non-allowance of double taxation relief. It has been decided that, for countries other than Bangladesh and Sri Lanka, double taxation relief can be granted based on certified copies of assessment or other relevant orders from foreign countries. A formal certificate or order is not required for this relief. Officers are instructed to expedite the recovery of the balance tax and ensure this information is communicated to all relevant personnel.
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