How to calculate total foreign income for itr in india?

Save Share

This query is : Resolved

nikky (Querist)

22 July 2017 I was in India until November 2016 which means I was there for more than 182 days.

I moved to US for the remaining year. Now in my W2 statement(Similar to form 16 for US) . I had the below components:

Total Income = a
Federal Income Tax = b
Social Security Tax = c
Medicare Tax = d
State tax = e
I received the amount in my bank = a-b-c-d-e.

Now India and US have a DTAA and you can claim relief to the extent of taxes paid. So can I get tax exemption of total tax = (b+c+d+e) or just Federal tax (b).

In case it is only Federal Tax, can I reduce my total income by removing other taxes (c+d+e)?

Please guide me in calculating my total income for India ITR return.

Thanks in advance.

Nikhil Kaushik

Nikhil Kaushik (Expert)

22 July 2017 only federal tax. dont bother relying on tata sons judgment..

nikky

nikky (Querist)

23 July 2017 @Nikhil Your answer still doesn't answer my question. I guess you dint read my question!!

In case it is only Federal Tax, can I reduce my total income by removing other taxes (c+d+e)?

Read more at: https://www.caclubindia.com/experts/how-to-calculate-total-foreign-income-for-itr-in-india--2527879.asp

Nikhil Kaushik

Nikhil Kaushik (Expert)

23 July 2017 unfortunately, you cannot as they are application of income after receipt...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now