28 July 2015
A resident assessee who was previously working in india in a software company upto aug 2014. and afterwards she went to usa and took employment in the same software company in usa and derives salary and paid tax in usa for usa earnings. I want to know taxability of such forien income for the financial year 2014-15 and chapter viA deductions
28 July 2015
File IT return as non resident for income earned in India up to Aug 2014 and claim chapter viA deductions. As a non resident for 2014-15 US earnings not taxable in India.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
29 July 2015
THE ASSESSEE IS A RESIDENT AS PER INCOME TAX ACT IN INDIA DURING THE FY 2014-15