Tax liab. on income from india & foreign
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2011
Dear Experts
If a person earn income Rs. 2.00 Lac from India by way of salary from April,10 to Oct,2010 and after that co. transfer him in UK and he get salary Rs. 4.00 Lac from Nov.,10 to March,11.
What will be tax liability in India and abroad.
If a person earn income Rs. 2.00 Lac from India by way of salary from April,10 to Oct,2010 and after that co. transfer him in UK and he get salary Rs. 4.00 Lac from Nov.,10 to March,11.
What will be tax liability in India and abroad.
29 July 2011
Assuming this is the first time he has been sent abroad, he fulfil the conditions which makes him resident and ordinary resident of india.
he will be assessable to tax for the followings
1. income which is received or deemed to be recieved in india,
2. acrues or arises or deemed to be acrue or arise in india
3. acrues or arises outside india
he will be assessable to tax for the followings
1. income which is received or deemed to be recieved in india,
2. acrues or arises or deemed to be acrue or arise in india
3. acrues or arises outside india
31 July 2011
If you joined in Nov.10 in UK, then only the income from April to Oct. 10 shall be taxable in India and the rest will be taxable in UK.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Taxation on Old jewellery sold
- ITR-Capital Gain
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Reporting in TDS return
- Error in uploading Form 10BD
- Query regarding reporting of exempt foreign remuneration in ITR
- F&O reporting in ITR
- TDS on rent received on hardship compensation being rent on redevelopment of building
- NRI INSURANCE ADVISOR
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
