UPSC international relations MCQ@upsc_ir_mcq P.10611

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UPSC international relations MCQ@upsc_ir_mcq P.10611

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UPSC international relations MCQ

In the context of “Double taxation”, identify the incorrect statement from below:

Anonymous Quiz

It is a tax principle referring to income taxes paid twice on the same source of income.

It also occurs in international trade when the same income is taxed in two different countries.

Income from International investments in two different countries are not Double taxed.

The finance act, 2021, introduced section 89A in the IT Act, 1961 to deal with Double taxation.

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