24 July 2012
For PY 2011-12: I am a Resident & Ordinary Resident of India.
I will have to add US Salary Income from April to August to my Indian Salary Income.
Question: 1. Can I reduce my US Salary Income by the Standard deductions or Dependents Credits available in US.
2. Can I claim these exemptions/deductions available in India: HRA, Leave Salary Exemption, Medical Premium, etc
(Note: My US salary slip does not have HRA component. Also Medical premium exemption in India says Insurer has to be registered with IRDA, which will not be the case.)
Please guide if I can claim any other desuctions/benefits from US Salary.