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Foreign salary taxation section 90


24 June 2015 Dear all

My brother received salary in newzealand, but he is resident(ordinary resident) person for A.Y. 2015-16. There was treaty between india and new zealand govt., on which relief u/s 90 can be claimed. Doubt is who can i convert foreign currency (salary) into indian rupee for tax calculation.

Please reply it is very urgent...

24 June 2015 you should ideally convert the salary on the basis of SBI TT buying rate on each receipt date.

25 June 2015 Respected sir,

Is this treatment shown in any section or rule, please give its reference.

Thanks for considering my problem




25 June 2015 refer Rule 115 of Income-tax Rules

09 July 2015 who can i get relief u/s 90 for the same. please rely it is ugent



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