Double taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2015
Hi guys,
If i have stayed in usa for more than 183 days for the year ending december 2014 and more than 183 days in India for the financial year 2014-15.
i am resident of india and usa also,
now i have offered income for tax in usa for year ending 2014 and filed returns in usa , whether i should offer the same as income in india or not , if i have to offer the same to tax how should i calculate ,
please clarify the same
Thank you
If i have stayed in usa for more than 183 days for the year ending december 2014 and more than 183 days in India for the financial year 2014-15.
i am resident of india and usa also,
now i have offered income for tax in usa for year ending 2014 and filed returns in usa , whether i should offer the same as income in india or not , if i have to offer the same to tax how should i calculate ,
please clarify the same
Thank you
17 July 2015
yyou need to check relevant article of dtaa between usa and india wrt to your income.
CA R SEETHARAMAN
(Expert)
17 July 2015
You have to offer the income for tax in India however you are entitled for relief for the tax paid on US income. Please see the relevant schedules of ITR 2.
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 Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Royalty payments to the Mining Department for procurement of murum - GST input
- Capital gains in IT returns
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
