19 October 2010
One of my client has a salary from US and has paid the following taxes in US. 1. Social Security Tax (No relief under DTAA) 2. Federal Tax 3. State Tax (New Jersey and New York) 4. Local Tax For which of the above taxes will I be able to take tax credit / relief under section 90 of the Income tax Act, 1961 While referring DTAA, it seems only the federal tax paid can be allowed for relief. Is the understanding correct?
CAclubindia
