High Court Rules Foreign Currency Salaries to Expatriates in India Deductible, Overturns Previous Order Under Indo-Japan Tax Treaty. https://www.taxtmi.com/highlights?id=79781 Taxability of income in India - deduction with respect to salaries paid by appellant in foreign currency outside India to expatriates working in India - Indo-Japan tax treaty. Following Emirates Commercial Bank Ltd. and Supreme Court's view in Goetze (India) Ltd., exception carved out for statutory prohibition of deduction claimed outside Return of Income not applicable in case of Tribunal or Court direction. HC quashed order denying relief to petitioner regarding deductions liable pursuant to Tribunal order. en-us Sat, 27 Jul 2024 08:51:34 +0530 Sat, 27 Jul 2024 08:51:34 +0530 TaxTMI RSS Generator High Court Rules Foreign Currency Salaries to Expatriates in India Deductible, Overturns Previous Order Under Indo-Japan Tax Treaty. https://www.taxtmi.com/highlights?id=79781 Taxability of income in India - deduction with respect to salaries paid by appellant in foreign currency outside India to expatriates working in India - Indo-Japan tax treaty. Following Emirates Commercial Bank Ltd. and Supreme Court's view in Goetze (India) Ltd., exception carved out for statutory prohibition of deduction claimed outside Return of Income not applicable in case of Tribunal or Court direction. HC quashed order denying relief to petitioner regarding deductions liable pursuant to Tribunal order. Highlights Income Tax Sat, 27 Jul 2024 08:51:34 +0530 https://www.taxtmi.com/highlights?id=79781