CALCULATION OF TAX IN THE CASE OF CHANGE OF STATUS
This query is : Resolved
05 November 2022
One of my clients was NRI during financial year 2020-21 and filed his income tax return for Indian Income for Ass.Yr. 2021-22 in India and also filed his ITR in Australia for the business income etc. earned there
And now , in the Assessment year 2022-23 his status was resident since he lived in India for more than 182 days. He has already filed his ITR in Australia for income he earned there up to December 2021.
Query :
Whether his Australian income is to be shown in ITR to be filed in India if so whether double taxation benefit is applicable and appropriate column of ITR under which the same is to be shown.
And now , in the Assessment year 2022-23 his status was resident since he lived in India for more than 182 days. He has already filed his ITR in Australia for income he earned there up to December 2021.
Query :
Whether his Australian income is to be shown in ITR to be filed in India if so whether double taxation benefit is applicable and appropriate column of ITR under which the same is to be shown.
05 November 2022
Yes, his Australian income is to be shown in ITR to be filed in India
Double taxation benefit available file form 67 to claim relief before filling ITR.
Show Singapore income as business income.
Double taxation benefit available file form 67 to claim relief before filling ITR.
Show Singapore income as business income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- ITR-3 File/Error Found
- TDS offline utility
- Due Date Clarity
- ASMT-10 received from A O
- IT returns for fresh job holders
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
