Foreign Tax Credit Demand cannot sustain without lawful service of Intimation: Bombay HC

Udayan Bhaskaran Nair Vs DCIT (Bombay High Court) The writ petition challenged the alleged demand raised for Assessment Year (A.Y.) 2010-11 and the non-disposal of a rectification application filed under Section 154 of the Income Tax Act, 1961. The petitioner, a salaried employee during A.Y. 2010-11, had worked in the United Kingdom for six months with Pershing Limited, an associate of his Indian employer, iNautix Technologies Private Limited. During his UK assignment, tax was deducted in accordance with UK laws. Upon returning to India, he received salary from the Indian employer, which issue...