Salary received in foreign country by indian resident

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 March 2014 An Indian citizen travels abroad for employment after 1st of October 2013. How is his tax liability calculated in India for the income he received in the foreign country (covered under DTAA) for the AY 2014-15?

What is the IT return he needs to file, can it be done online?


11 March 2014 if covered by dtaa then refer the relevant article applicable.

11 March 2014 return can be filed online. rather if the income is above 5 lakhs, it has to be filed online only.

with regards to reflection of the incomes and tax credit in tax returns, the income shall be shown as Schedule S of Sheet "Part B- TI-TTI-Sal". Then you need to reflect the same in sheet "FSI". For claiming tax credit in TR-FA sheet.

remember you need to file ITR2 assuming there is no business income


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us
budget 26-27


Answer Query