Hi,
what if i'm having agricultural loss. is there any provision to set off , if not then what is the remedy ?
what is treatment for foreign income, should we need to disclose it if tax is already deducted in foreign(DTAA) or is there any section under which i can get relief & what if i don't disclose it ?
Please help me out asap !!!
Thanks a lot in Advance !!!
There is no benefit from agricultural loss.
You must disclose the foreign income and have to compute the taxes based on the DTA Agreement between the countries. Based on the calculation you may get some relief.
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