Good Evening To all of You.
I would like to know the treatment of TDS detucted By a Party Of Nepal.
He has deposited it with revenue department of Nepal and same certificate issued.
It is rs. 20000/- of gross amount rs. 200000/-.
Now i would like to know the tax treat ment in this case how to take this books as well in our tax return or computation.
PLease suggest me with section etc. as applicable.
However I aware tht India has DTA agreement with Nepal since 90-91 and same amount could be taken in rebate under section of 90A of column of ITR. am i right? let me know.
Looking forward for response. Thanks in Advance.
Muneesh Sharma.
CAclubindia
