How to compute and file Income Tax Return of Individual (Status - Resident and Ordinarily Resident) if have income from Indian Company as well as foreign income. Please guide.
30 June 2022
All your global income will be liable to tax in India i.e., all the income earned during the FY will be liable to tax in India. If you have paid any tax on the foreign income abroad then that will be provided as a tax credit while paying the tax in India depending upon the DTAA of India and that Country.
CAclubindia
