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Foriegn income

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19 May 2010 I have invested in United Kingdom in equity shares. I wanted to know what will be my tax if I get return of 4 lakh a year and if I get 10 lakh a year. Is there any exemption as I am getting payment in Dollars. please help me
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CA.Pujah

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CA.Pujah (Expert)
19 May 2010 well whether it would be taxable to you or not will depend on your residential status. If u r resident universal income would be taxable for you.
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