Taxes paid abroad for which no benefit of foreign tax credit has been allowed in terms of S. 90/91 are allowable as deduction. (AY. 2013-14)
Capgemini Technology Services India Ltd. v. Dy. CIT (2022) 220 TTJ 409 (Pune) (Trib)
S. 37(1) : Business expenditure-Taxes paid abroad-Taxes for which no benefit of foreign tax credit has been allowed-Allowable as deduction. [S. 40(a)(ii), 90, 91]