Union Budget 2021: Tax Deducted In Foreign Country Should Be Treated As Income
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- By Taxmann
- Last Updated on 1 February, 2021
February 01, 2021
The countdown for the Union Budget 2021 has begun, with the Finance Minister Nirmala Sitharaman scheduled to present her third budget on February 1. Ahead of the budget, research and advisory firm Taxmann has said, in its pre-Budget report, that tax deducted in a foreign country should be treated as income of the assessee.
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