24 July 2010
Dear Experts, If a person has been taxed in India as per Double Tax Avoidance Agreement means, while calculating the tax liability can we deduct the basic exemption limit. For Example his income is 9 lakhs for the assessment year 2010-11, while calculating the tax liability should i have to deduct the basic exemption 1,60,000. With regards, Rajesh.
CAclubindia
