Experts seek a pathbreaking Budget

Nilesh Patel - CPA (USA), IRS , Last updated: 05 July 2014  
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I. International Tax Foreign Tax Credit Q. 1. Currently Taxpayers are unable to carry forward unutilized (excess) Foreign Tax Credit (FTC) to future years, and set off such unutilized FTC against the tax liability in the succeeding years. This results in a permanent loss of Credit to the Tax

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Nilesh Patel - CPA (USA), IRS
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