Taxation · Income Tax Law
India does not have a Double Taxation Avoidance Agreement (DTAA) with Country X. A resident and ordinarily resident in India earns a business income of Rs. 4,00,000 in Country X which is exempt from tax in Country X. In India, what relief is available under Section 91?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Such foreign income will be completely exempt from tax in India.
- 2No tax relief will be available under Section 91.✓
- 3Relief will be calculated at the maximum marginal rate of tax applicable in India.
- 4Relief will be calculated under Section 91 at the average rate of tax applicable in India.
Correct answer
No tax relief will be available under Section 91.
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