Filed return of income in india for the a.y.2014-2015
This query is : Resolved
09 February 2015
A British professional Lady(Advocate), partner of Indian Law Firm, was in London at her father place in London for the 10 months for the Financial Year 2013-2014. In India she has no income other than share income of Law firm-LLP, if you filed return of Income in India. What will be her income shown in the return of income in India, also advise whether she has declared her moveable property and bank savings account in U.K.
09 February 2015
She being British professional must be non resident. So no need to file any return in India as her share of LLP income is exempted. Salary if any received from LLP alone taxable for which return has to be filed. If she is resident then only assets of UK has to be declared.
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