Salary derived from us

This query is : Resolved

GAURAV (Querist)
Follow

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

Amol S Joglekar (Expert)
Follow

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

GAURAV

GAURAV (Querist)
Follow

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

Amol S Joglekar (Expert)
Follow

26 July 2016 absolutely right.....go ahead...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ravikumar

DILIP

Vignesh Killur

Amit

Subbiah S

Subscribe Now

Salary derived from us

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

GST CONSULTANCY

Senior Executive

CA Final

Manager- Finance and Compliance

Accountant