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5 hours ago

Employee wrongly declared Rs 14 lakh Australian salary in Indian ITR: ITAT grants tax relief but denies Rs 3.4 lakh foreign tax credit

Employee wrongly declared Rs 14 lakh Australian salary in Indian ITR: ITAT grants tax relief but denies Rs 3.4 lakh foreign tax credit

When Mr Gupta from IP Extension, Delhi got the opportunity to work in Australia, he jumped at the opportunity and earned a salary of Rs 14.16 lakh for his work. However, he mistakenly reported this income in his income tax return (ITR) in India.... Read more.

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