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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Relief u/s 91 in respect of foreign taxes paid by the appellant ...

Income Tax

June 20, 2020

Relief u/s 91 in respect of foreign taxes paid by the appellant - Tax u/s 115JB - MAT applicability - credit for tax paid in foreign country should be allowed even when the tax liability is raised u/s 115JB. Therefore, the AO is directed to allow this credit u/s 91

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