Salary derived from us
This query is : Resolved
25 July 2016
Person get transferred from India to US branch of the IT co. & received salary of March in US only. Is the salary of March is also taxable in India? If yes, then will we get benefit of section 91 regarding double taxed income in india?
Amol S Joglekar
(Expert)
25 July 2016
if employee is RESIDENT as per Income tax act, then the salary of March is taxable in India. The double taxation benefit may be claimed provided tax is paid on the same in USA as well
26 July 2016
Person leaved India in Feburary so he was resident & OR of india. Now If i have to include foreign income then first i will convert it in INR in TT buying rate & then claim benefit under sec 91 for doubly taxed income, right?
Amol S Joglekar
(Expert)
26 July 2016
absolutely right.....go ahead...
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