My client has income in usa and india

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 August 2015 Mu client has salaries and other income in India . We have paid tax as per taxation rules in India on income earned in India.

My client also have income in USA . He is paying tax and filling his Income tax return in USA on Income received in USA. He has also purchased home in USA on mortgage.

How I show his USA Income and his property in USA in his Income tax return for F.Y. 2014-1 in In India

13 August 2015 File ITR 2. Include US income under relevant income heads and claim relief on tax paid on US income under schedule FSI and FR. Fill schedule FA in respect of disclosure of foreign assets.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 August 2015 Thanks

In USA F.Y is Jan to dece and in India F.Y is April to March. What period should I consider to mention USA Income in IT Return in India.


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