Foreign Tax Credit not to be disallowed due to Non-Filing of Form 67

Amit, who is resident in India, worked with Ernst & Young Australia during the financial year and. Since he is an Indian resident, his global income is subject to taxation in India. While Amit earned his salary income in India, he also paid income tax in Australia. To avoid double taxation, Amit utilized the benefits … Continue reading Foreign Tax Credit not to be disallowed due to Non-Filing of Form 67