#foreign-tax
Woman paid US tax but faced Rs 30 lakh tax demand in India; what ITAT said
Under the applicable rules, taxpayers who have paid taxes in a foreign country with which India has a Double Taxation Avoidance Agreement (DTAA) are required to submit Form 67 along with their ITR to claim credit in India for the foreign taxes already paid.
India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closure
India has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring information within 15 days. This aims to speed up cases and stop tax evasion. India will also track its own requests to …