Income Tax: How to claim tax credit if you have already paid taxes abroad?
Updated: 02 Sep 2022, 01:02 PM IST
TL;DR.Usually, when Indian residents have an income that accrues abroad, they are supposed to pay taxes in India. However, they are eligible to claim credit for the taxes paid overseas. Read further to know in detail
Before seeking tax credit, one has to first check if the taxes paid are eligible for tax exemption or not