Dtaa
This query is : Resolved
14 September 2014
Dear all,
Wanted to know what is the basis of providing a bilateral relief u/s 90 in calculation of income from Switzerland.As there is a DTAA,whether tax calculation shall be tax exemption method or tax credit method?
Thanking in advance.
Wanted to know what is the basis of providing a bilateral relief u/s 90 in calculation of income from Switzerland.As there is a DTAA,whether tax calculation shall be tax exemption method or tax credit method?
Thanking in advance.
Nikhil Kaushik
(Expert)
14 September 2014
depends on whether the income is tax in both countries or not. where income is exempted in one country and taxed in other, exemption method is applied. If income is taxed in both countries, then tax credit method is used.
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