what is DOUBLE TAXATION
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Answer / h.r. sreepada bhagi
Under Income Tax, if the same income is taxed in more than
one country (Read two countries generally), it's called
'Double Taxation'. To avoid such a situation countries enter
in to bilateral agreements called DTAA (Double Taxation
Avoidance Agreement). India has such agreements with many
countries & the same are available on Indian Income Tax
department website.
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Answer / guest
double taxation is nothing but tax on tax is know as double
taxation,but in income act double tax is not applicable.
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