Income Tax Rules, 2002

CHAPTER-III

PERSONS

From: 2023-11-01 - To: 0000-00-00 16. Foreign tax credit.- (1) This rule applies for the purposes of section 103, which provides for the foreign tax credit. (2) A resident taxpayer claiming a foreign tax credit for a tax year shall submit an application for the credit with the taxpayer’s return of income for that year. (3) An application for a foreign tax credit shall be in the form as specified in Part I of the First Schedule to these rules. (4) Subject to sub-rule (5), an application for a foreign tax credit shall be accompanied by the following 1[documents], namely:- (a) where the tax has been deducted at source, a declaration by the payer of the income tax has been deducted and a certified copy of the receipt that…