DOUBLE TAXATION WITH UK & DUBAI
This query is : Resolved
15 January 2011
Sir, I have a query regarding Double Taxation with UK.
My Client is based in London and is a resident of UK. He has property in Mumbai from where he earns rental income upon which TDS is deducted appropriately. What would be the consequence of this income earned in UK? Will my client have to pay taxes on this Income again in UK?
Also another client of my is resident of Dubai? She wants to gift a sum of money to her brother in India? What would be the tax liabilty and the manner of its calculation?
My Client is based in London and is a resident of UK. He has property in Mumbai from where he earns rental income upon which TDS is deducted appropriately. What would be the consequence of this income earned in UK? Will my client have to pay taxes on this Income again in UK?
Also another client of my is resident of Dubai? She wants to gift a sum of money to her brother in India? What would be the tax liabilty and the manner of its calculation?
16 January 2011
1. DTAA does not apply on rent from property.
2. Tax does not apply on remittance to near relative.
2. Tax does not apply on remittance to near relative.
18 January 2011
No, as per DTAA your client is not required to pay taxes in UK.
There shall be no tax if the doner and donee are relatives under sec. 56.
There shall be no tax if the doner and donee are relatives under sec. 56.
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