Section 90
This query is : Resolved
19 September 2014
Section 90 and 91 of Income tax Act provides releif for amounts taxed outside India, based on the formula given.
My question is what happens if the Company does not have any taxable income.
My question is what happens if the Company does not have any taxable income.
Nikhil Kaushik
(Expert)
20 September 2014
then there wont be any credit available for the taxes paid outside India.
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