International Taxation - Business Income
This query is : Resolved
09 December 2021
Hi All,
One of My Client having Business in USA but he is a resident in India and Controlling Business from India, Rarely he visits USA.
Whether I Need to add His Business Income from USA while filing Indian Income Tax Return,
If so, can i take credit of taxes Paid in USA
One of My Client having Business in USA but he is a resident in India and Controlling Business from India, Rarely he visits USA.
Whether I Need to add His Business Income from USA while filing Indian Income Tax Return,
If so, can i take credit of taxes Paid in USA
09 December 2021
You need to add His Business Income from USA while filing Indian Income Tax Return.
You can take credit of taxes Paid in USA by claiming relief in ITR
You can take credit of taxes Paid in USA by claiming relief in ITR
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
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- PF wage ceiling
- ITC BENEFIT ON BROKRAGE PAID
- TDS refund Indemnity Bond
- Taxation on Old jewellery sold
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- GST ISD Query on various AMCs
- REGARDING ITR FILING QUESTION
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
