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Credit for taxes paid on income earned abroad in the county of residence aims to eliminate double taxation on income. This article addresses FTC in detail.
Analysis of Form 15CA & 15CB requirement for payments made for import of goods Back ground of the issueProvisions of Sec. 195(6) of the income tax act got amended by the Finance Act 2015 and it comes into force with effect from 1-6-2015. As per
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