Double taxation and computation of tax
This query is : Resolved
23 February 2016
Dear Experts,
In the F. Y 2008-09 I was a research Fellow in Kyoto, Japan for three months and my income from this was Rs. 756514/-. Against this I had paid Rs. 151303/- TDS @20% in Japan. And taxable income from my regular salary in India during the F.Y 2008-09 was Rs.288179/- Can anybody help me to compute my tax liability correctly corresponding to the Double Taxation treaty between India and Japan. Is there a special rate that is applicable in this case?
I shall be grateful.
Thanks
Ajithprasad
M. S. University Baroda
In the F. Y 2008-09 I was a research Fellow in Kyoto, Japan for three months and my income from this was Rs. 756514/-. Against this I had paid Rs. 151303/- TDS @20% in Japan. And taxable income from my regular salary in India during the F.Y 2008-09 was Rs.288179/- Can anybody help me to compute my tax liability correctly corresponding to the Double Taxation treaty between India and Japan. Is there a special rate that is applicable in this case?
I shall be grateful.
Thanks
Ajithprasad
M. S. University Baroda
23 February 2016
Work out the total tax payable in India including the Japan income and deduct the TDS made in Japan that is the tax payable in India.
23 February 2016
Dear seetharaman fy 08-09 return cannot be filled. Time limit for filling return is one year from the end of relevant ay
24 February 2016
Dear Seetharaman,
Thanks for your suggestion. The IT office suggested a flat rate of 18.5% which I am not able to understand. Wonder how do they arrive at that rate.
My case is a resubmission of the returns which has not been settled for all these years.
Thanks for your suggestion. The IT office suggested a flat rate of 18.5% which I am not able to understand. Wonder how do they arrive at that rate.
My case is a resubmission of the returns which has not been settled for all these years.
24 February 2016
Dear Mr. Sharma,
This is a case of resubmission of returns which is not settle so far.
This is a case of resubmission of returns which is not settle so far.
24 February 2016
Did they àllowed relief only for Rs. 139955(18.5% on 756514).They should have allowed relief for Rs.151303 such average working not required in your case.
Message likes :
1 times
24 February 2016
Thanks and your reply is very useful.
Yes, the IT officer's view that is the rate applicable in my case. I am filing a reply tomorrow in which I will hold my ground and claim full of relief. What is the rationale for the 18.5% rate? who will fall in that category?
Yes, the IT officer's view that is the rate applicable in my case. I am filing a reply tomorrow in which I will hold my ground and claim full of relief. What is the rationale for the 18.5% rate? who will fall in that category?
25 February 2016
They have applied the average rate which is not applicable in your case.
Message likes :
1 times
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Salary and pension received from Asian Development Bank
- ITR 2 Short Term gain & Long term gain
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
