Double Tax Avoidance Agreement..Urgent Sir!!!
This query is : Resolved
24 July 2010
Dear Experts,
If a person has been taxed in India as per Double Tax Avoidance Agreement means, while calculating the tax liability can we deduct the basic exemption limit.
For Example his income is 9 lakhs for the assessment year 2010-11, while calculating the tax liability should i have to deduct the basic exemption 1,60,000.
With regards,
Rajesh.
If a person has been taxed in India as per Double Tax Avoidance Agreement means, while calculating the tax liability can we deduct the basic exemption limit.
For Example his income is 9 lakhs for the assessment year 2010-11, while calculating the tax liability should i have to deduct the basic exemption 1,60,000.
With regards,
Rajesh.
26 July 2010
Withholding tax under the DTAA is to be done on the gross income. Basic exemption limit of Rs. 1.6 lakh is not available under DTAA.
11 August 2010
Kindly provide the exact case details for having a detailed answer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
