banner_ad

Double Taxation

This query is : Resolved 
Profile Image

pro badge

Profile Image

pro badge (Querist)
05 July 2010 My client is working in India for an MNC. In Jan 2010, he sold all the shares that were alloted to him under ESOP.His employer company has deducted some tax as withholding tax in US and remitted the balance amount to the employee.
However in India, the entire profit on the sale of ESOP is treated as salary (included in Form 16 ) and TDS is deducted in india also. This has resulted in double taxation of the same amount.
How can i Claim the refund.I have the tax deduction details made in US.
Please Help me
Profile Image

CA.Mini

Profile Image

CA.Mini (Expert)
05 July 2010 yes he can claim relief u/s 91 in respect of doubly taxed.ie avg. rate or the rate of tax applied in US whichever is lower.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details