AMIT KAPOOR (SELF EMPLOYED) (491 Points)
25 July 2012Please friends let me know, while calculating the average rate of tax for the pupose of calculation of double taxation relief
whether we have to take total foreing income after setting off of losses or before setting of lossed.
please confirm me by law where it is written
Bhanu Prakash Rao
(Think Beyond Stay Ahead...!)
(1064 Points)
Replied 25 July 2012
Hi,
Refer section 90, 90A and 91 of Income Tax Act,1961.
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