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Double Taxation

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(Querist)
28 June 2009 Hi,

What is meant by Double taxation in respect of transactions made with Foreign Company.

Thanks,

Gurmeet
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Jitender

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Jitender (Expert)
28 June 2009 in some cases income earned is taxable in the country from which payment is being made and also in the country in which payment is being received. In that case govt entered into DTAA with other countries to eliminate its effect.

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