Foreign tax credit available even if ‘taxes’ spared in Oman – Times of India
[ad_1] The term ‘tax payable’ becomes a source of litigation, when it comes to availing of foreign tax credit in India.The Supreme Court (SC), in the case of Krishak Bharti Cooperative, a multi-state co-operative society, which had entered into a joint venture with an Oman-company for manufacturing fertilizers was held eligible to claim credit of…
