Foreign income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 February 2018 i float a company in Dubai with two other member and totally holding in my name now question whether i would to show or information in my return and if my Dubai company give me dividend then tax ability of income in ITR and what slab ?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 February 2018 Dividend received from foreign company will be included in the total income of the tax
payer and will be charged to tax at the rates applicable to the taxpayer.
Details of Dubai holding to be disclosed in the return.