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of <h1>Tax paid abroad in non-DTA country deductible up to lesser of Indian or foreign rate; applies to residents, firm partners</h1> A resident who proves tax was paid abroad on income arising outside India in a country with no double-taxation agreement is allowed a deduction from Indian tax equal to the lesser of the Indian tax rate or the foreign tax rate (or the Indian rate if equal). The same relief applies to a non-resident assessed on a share in income of a firm resident in India that includes such foreign income. The section defines 'income-tax,' 'Indian income-tax,' 'Indian rate of tax,' and the 'rate of tax of the said country' for calculating the deduction.
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