FAQ
Frequently Asked Questions
Some of our collected general questions and their answers to help you understand them in an easy way.
The double taxation relief is offered to individuals who are charged taxes on the same source of income in India and a foreign country. This is allowed under Section 91 of the Income Tax Act, 1961. The relief is also offered if the foreign country in question has a ‘Double Taxation Avoidance Agreement’ with India.
The Income Tax Act categorizes the taxable income tax deduction different sections:
- Salaries
- Profits from business or profession
- Income from house property
- Income from other sources
- Capital gains
- Advance Tax
- Tax on Regular Assessment
- Self-Assessment Tax
- Taxes Collected at Source
- Taxes Deducted at Source (TDS)
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