Countries with which no agreement exists - Unilateral Agreements - Section 91

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....eement under section 90, provided all the following conditions are fulfilled :- * The assessee is a resident in India during the previous year in respect of which the income is taxable. * The Income accrues or arises to him outside India. * The income is not deemed to accrue or arise in India during the previous year. * The Income in question has been subjected to Income Tax in the foreign....

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....tax payable to the Government under any law for the time being in force in that country relating to taxation of agricultural income, he shall be entitled to a deduction from the Indian income-tax payable by him- * of the amount of the tax paid in Pakistan under any law aforesaid on such income which is liable to tax under this Act also; or * of a sum calculated on that income at the Indian rat....

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....re equal. Computation of amount of Relief U/s 91 - Step1 : Compute NTI (Indian + Foreign Income) Step 2: Find out tax of NTI (before claiming TDS/TSC, Advance Tax, MAT/AMT Credit benefits but after adding surcharge & HEC) Step 3: Find out "Average rate of Tax" on NTI = (Tax calculated in step 2 * 100) / NTI Step 4: Find out Rate at which tax paid/deducted in Foreign Country Step 5: Find....