Itr2 - exempt income (ei) and fsi and tr sections
This query is : Resolved
14 July 2013
Dear Sir,
I am employed by large Indian IT Company and have been on deputation to company's Subsidiary outside India for last 6 years. I am getting Indian Salary component in Switzerland with out any tax deduction in India. In addition, I get additional living allowance also in Switzerland. The Company Subsidiary pays Tax in Switzerland on my behalf.
Also I have NRO deposits in India and have Interest Income, for which I am paying 10% TDS at bank ( I have shown TRC and submitting DTAA )
I am submitting ITR2 as NRI - Please guide me on
a) Whether there is any tax liable in India also on Salary & Allowanc components ?
b) If not, Can this income be shown in ITR 2 Exempt Income (EI)section? Is this mandatory to disclose in EI Section ?
c) In ITR2 -there are sections on FSI and TR - are these applicable for me (NRI havig interest income in India) Or this is only applicable for Indian Residents having Foreign Income ?
Thank in advance.
I am employed by large Indian IT Company and have been on deputation to company's Subsidiary outside India for last 6 years. I am getting Indian Salary component in Switzerland with out any tax deduction in India. In addition, I get additional living allowance also in Switzerland. The Company Subsidiary pays Tax in Switzerland on my behalf.
Also I have NRO deposits in India and have Interest Income, for which I am paying 10% TDS at bank ( I have shown TRC and submitting DTAA )
I am submitting ITR2 as NRI - Please guide me on
a) Whether there is any tax liable in India also on Salary & Allowanc components ?
b) If not, Can this income be shown in ITR 2 Exempt Income (EI)section? Is this mandatory to disclose in EI Section ?
c) In ITR2 -there are sections on FSI and TR - are these applicable for me (NRI havig interest income in India) Or this is only applicable for Indian Residents having Foreign Income ?
Thank in advance.
18 April 2017
Very old query need to be closed now
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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Copyright software
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- When TDS on GST applied
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
