Foreign tax relief procedures to be prescribed for granting relief or deduction against domestic income-tax. A clause is added to section 295(2) authorising the Board to make rules prescribing the procedure for granting relief or deduction of income-tax paid in a country or specified territory outside India under sections 90, 90A or 91 against income-tax payable under this Act, effective from 1st June, 2015.
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Provisions expressly mentioned in the judgment/order text.
Foreign tax relief procedures to be prescribed for granting relief or deduction against domestic income-tax.
A clause is added to section 295(2) authorising the Board to make rules prescribing the procedure for granting relief or deduction of income-tax paid in a country or specified territory outside India under sections 90, 90A or 91 against income-tax payable under this Act, effective from 1st June, 2015.
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