Indian rate of tax defined as Indian income-tax divided by total income for relief allocation purposes. The expression 'Indian rate of tax' denotes the rate computed by dividing the amount of Indian income-tax, after deduction of any relief due under the provisions of this Act but before deduction of any relief due under this Chapter, by the total income.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Indian rate of tax defined as Indian income-tax divided by total income for relief allocation purposes.
The expression "Indian rate of tax" denotes the rate computed by dividing the amount of Indian income-tax, after deduction of any relief due under the provisions of this Act but before deduction of any relief due under this Chapter, by the total income.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.