Ask a Question
Section 91 of the Income Tax Act applies to an individual who is eligible to claim the tax relief under a condition if the DTAA is not present between Indian and any other foreign country. Currently, India has a DTAA (Double Taxation Avoidance Agreement) with 94+ countries, but you can get a DTAA under Section 91 of the Income Tax Act on the income you have generated from other foreign countries.
What are the reliefs under section 91 of the Income Tax Act?
If there is a DTAA absent between India and another country, then you can get relief under some conditions, which are given below:
Share Your Thoughts and Connect with Others.
A foreign tax credit allows residents to pay the tax on their foreign income in another country to lower their tax liability in India. The main purpose of the foreign...
A Form 15CA is a declaration that is used to collect the information which is related to the payments that are chargeable to tax with Non-residents. It is a useful...
Here are the deductions under the Income Tax for the NRIs. For the NRIs, most of the deductions fell under Section 80. A maximum deduction under section 80C is up...
Here are some of the best ways for the NRIs to send money to India. Wire Transfer: A Non-resident of India (NRI) can transfer their money from foreign or their...
NRI funds repatriation means the transfer of funds from the NRI bank account to an Indian bank account or their residence country bank account. It includes both processes of sending...
To download Form 16 for the salaried, you need to follow the given steps below: First, you need to visit the official website of the Income Tax Department. Now, log...
Section 90A of the Income Tax Act is applicable between the specific associations of two countries that have signed the Double Taxation Avoidance Agreement (DTAA). This Section allows for a...
Here are some of the major advantages of the double taxation treaties for Indian residents, which help them manage international investments and incomes. DTAA provides tax exemptions for people who are...
The Password for the Form 16 is the first five letters of your PAN and the date of birth in the DD/MM/YYYY format. Taxpayers will get their Form 16 passwords...
Yes, NRIs are imposed with several exemptions and deductions under the Indian Income tax laws. These deductions come under the sections 80C, 80D, 80G, 80TTA, which are easily available to...
Let Savetaxs guide you to the perfect solution for all your queries.
How can i calculate tax relief under section 91 of the Income Tax Act?
You can calculate the tax relief under section 91 of the IT Act, by: