22 July 2012
Sir My Boss has getting Salary from USA Company and Federal Income Tax, & STate Taxes deducted and Credited in USA Bank A/c. and again funds Transfering to India then is it Taxble income or Double Taxation Relief we can Claim. pl. let me know
23 July 2012
It depends upon the period of working abroad and the legal status of the individual involved. From the bare facts given it is not clear.If the individual is from USA and gets his salary, deductions, etc and also getting his salary from India, the situation would change.
CAclubindia
