Tax collection where foreign income cannot be repatriated: average-rate method applied to Indian income; prior concession withdrawn. Tax collection from Indian residents with income arising in Pakistan must follow the statutory method: apply the average rate of tax computed on the assessee's total income (as finally determined) to the Indian income for recovery under section 220(7). The CBDT withdraws the earlier administrative concession that treated Indian income as the total income for recovery purposes and directs review of existing stayed cases.
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Provisions expressly mentioned in the judgment/order text.
Tax collection where foreign income cannot be repatriated: average-rate method applied to Indian income; prior concession withdrawn.
Tax collection from Indian residents with income arising in Pakistan must follow the statutory method: apply the average rate of tax computed on the assessee's total income (as finally determined) to the Indian income for recovery under section 220(7). The CBDT withdraws the earlier administrative concession that treated Indian income as the total income for recovery purposes and directs review of existing stayed cases.
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