Global income of resident
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2015
How to add following income of resident individual assessee into his income tax return in India
1) Short term capital gain from sale of shares of companies outside India. Income is earned and received outside India
2) Business income earned and received outside India
3) Dividend on shares investment outside India. Dividend is earned and received outside India
Which heads to select while adding all the three global incomes in Indian Income Tax Return. Note that all the incomes are earned and received outside India and assessee is resident in India for FY 2014-15 relevant to assessment year 2015-16
1) Short term capital gain from sale of shares of companies outside India. Income is earned and received outside India
2) Business income earned and received outside India
3) Dividend on shares investment outside India. Dividend is earned and received outside India
Which heads to select while adding all the three global incomes in Indian Income Tax Return. Note that all the incomes are earned and received outside India and assessee is resident in India for FY 2014-15 relevant to assessment year 2015-16
31 August 2015
Select the relevant heads and include it in the return and claim relief for any tax paid on it out side India under the FSI SCHEDULE.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 1: Details for showing Exempt Income
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
