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Income Tax - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Claim for deduction in respect of taxes paid abroad - AO ...

Income Tax

March 9, 2021

Claim for deduction in respect of taxes paid abroad - AO directed to allow the deductions in respect of taxes paid by the assessee abroad, in respect of which no foreign tax credit is granted to the assessee, in the light of the decision of Hon’ble jurisdictional High Court in the case of Reliance Infrastructure decision (supra), and examine the matter be afresh in this light. - AT

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