Tag Archives: Foreign tax credit

Foreign Tax Credit – Procedure to file Form No 67 Notified by CBDT

By | September 25, 2017

Notification No 9/2017  Dated 19th September 2017 Central Board of Direct Taxes Procedure for filing Statement of Income From Country or specified Territory outside India and Foreign Tax Credit NOTIFICATION NO.9 [DGIT(S)-ADG(S)-3/E-FILING NOTIFICATION/FORM 67/2017 , DATED 19-9-2017 ] Foreign Tax Credit. — An assessee, being a resident shall be allowed a credit for the amount of… Read More »

Foreign Tax Credit rules notified by CBDT

By | June 30, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Income-tax Notification No. 54/2016 New Delhi, the Dated: 27th June, 2016 S.O.2213(E).─ In exercise of the powers conferred by clause(ha) of sub-section (2) of section 295… Read More »

Foreign Tax Credit , Draft Rules of CBDT

By | April 21, 2016

DRAFT RULES FOR GRANTING RELIEF OR DEDUCTION UNDER SECTION 90/90A/91 OF THE INCOME-TAX ACT, 1961 LETTER [F.NO.142/24/2015-TPL], DATED 18-4-2016 Clause (ha) of sub-section (2) of section 295 of the Income-tax Act, 1961 (the Act) provides that the Central Board of Direct Taxes (CBDT) may prescribe rules specifying the procedure for the granting of relief or… Read More »