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Section 90

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(Querist)
19 September 2014 Section 90 and 91 of Income tax Act provides releif for amounts taxed outside India, based on the formula given.

My question is what happens if the Company does not have any taxable income.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 September 2014 then there wont be any credit available for the taxes paid outside India.

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