The ITAT held that credit for state taxes paid in USA can be availed under section 91 of the Act Facts The Assessee individual, is a “Resident but not ordinary resident” in India. During the year under consideration, the Assessee was in India for a period of 224 days. He filed the return of income […]
ANALYSIS OF DECISIONS IN THE CASE OF LIN V COMMISSIONER OF INLAND REVENUE
LIN V COMMISSIONER OF INLAND REVENUE – IN THE COURT OF APPEAL OF NEW ZEALAND In this case, the Court of Appeal had to deal with whether Ms Lin was entitled to a credit against income tax liability in New Zealand arising due to CFC companies in China for tax spared by China on income […]