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IT return of resident with salary income from singapore

CA Raj Doshi (Practising CA) (8799 Points)

12 May 2021

An assessee is having salary income from 10 months in India. For remaining 2 months, he has earned salary income from Singapore. As he is resident in India, how the same should be reflected in his Indian ITR. Also, calendar year is followed in Singapore for tax filings and in India it is April to March. So how to claim tax credit ( currently we aren't aware if the salary is taxable in Singapore or not and if any taxes are paid.)

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5 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 12 May 2021

The income which is accrued in India shall be reported in ITR. And for foreign income DTAA shall be considered

veerendar singh (tax consultant) (3301 Points)
Replied 13 May 2021

Wait until payment of tax in singapore.
after paying tax in singapore report your total salary(indian and foreign) in itr by claiming tax relief

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CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 13 May 2021

Salary received by you during the period in which you were on an assignment in the US would be taxable in India. You may evaluate claiming foreign tax credits under the India-US Double Tax Avoidance Agreement, for the taxes, if any, paid in the US on the salary received during the assignment, subject to satisfaction of conditions.