Denial of FTC as income not offered to tax in the considered year not justifiable

DCIT Vs Suzlon Energy Ltd. (ITAT Ahmedabad)

ITAT Ahmedabad held that denial of Foreign Tax Credit [FTC] on the ground that corresponding income has not been offered for tax in the year under appeal is not justifiable. Accordingly, FTC allowed.

Facts- The assessee is a company engaged in the business of manufactur

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