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
- Fixe term employment
- Is any professional CA is here please reply
- Reopen of assessment proceeding
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Experts need help
- Putting a heading on received mail
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
