Salary from Foreign Posting
This query is : Resolved
27 January 2011
Hello members, my query is regarding taxability of salary income in india. If a person is working in US company and is within us for every 2 month out of quarter and with one month stay in india is receiving salary in US Dollars, How is the taxability under IT Act, 1961 established. He has been indian resident prior to the F/Y 2010-11. What about the repatriation rules in which the quantam of income brought to indian in Foreign Currency is exempt. Please clarify in this regard.
27 January 2011
He will be a resident of India and will be taxable on his global income. He can claim relief of tax paid in US as per the DTAA.
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