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Inclusion of taxes withheld outside India for purposes of calculating total income (WIDENING AND DEEPENING OF TAX BASE AND ANTI-AVOIDANCE)
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....he provisions of Chapter XVII-B shall, for the purpose of computing the income of an assessee, be deemed to be income received. 2. It was seen that some assessees are not including taxes withheld outside India for the purposes of calculating their total income which was leading to under reporting of total income as only their net income was being offered for taxation. However they were claiming c....