Income tax return 2013-14

This query is : Resolved 

06 March 2014 DOES INDIA HAVE A DTAA WITH BHUTAN ?? AND IS IT NECESSARY FOR A PERSON EARNING SALARY IN BHUTAN AND FILING RETUNS AND PAYING TAX IN BHUTAN TO FILE INCOME TAX RETURN IN INDIA ?? IS ANY BENEFIT AVAILABLE ??

THANKS
VINEET KUMAR AGARWAL

06 March 2014 u can buy a DTAA book published by taxmann they print the bare articles and dtaa signed by concerned authorities.

06 March 2014 is the person is resident in India, then he is required to file tax return in India. Where he is not a resident but has any source of income arising India, then he needs to pay taxes in India.

With regards to question of DTAA, India has a Limited Agreement with SAARC Nations, which includes Bhutan.

Any DTAA benefit shall be provided therein.

Kindly refer http://law.incometaxindia.gov.in/DIT/File_opener.aspx?fn=http://law.incometaxindia.gov.in/Directtaxlaws/cbdt/dta/A2_SAARC.htm

06 March 2014 Tushar, DTAA are available free of cost at http://incometaxindia.gov.in/

06 March 2014 every tim u need to download it rather better if purchased can be seen for any country and that too latest 1 in 1 book.

06 March 2014 well cost benefit, is to have the updated DTAA from income tax website rather buying the updated editions every now and then, especially when Indian govt is on a spree for renegotiating DTAAs across world

06 March 2014 the person is resident in India

06 March 2014 looking for some satisfying answers ...

06 March 2014 if the person is resident of India, then you have to compulsorily file the return of Income in India. for a resident the global income is taxable in India.

claim credit for the taxes paid in Bhutan under section 90/91.


06 March 2014 sorry sir ... a mistake by me ... the person is resident but not ordinarily resident in india ... ??


Thanks in advance


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