tax liability
This query is : Resolved
26 September 2010
hi to all,
mr x a indian resident received a sum of rs. 5,00,000 foe playing crickt match in a nation with which india does not have a DTAA. in that nation withholding tax(TDS) of rs. 1,00,000 was made. in india he has received match fees of rs. 1,50,000 & mediclaim premium of rs 20,000
my query is to compute his tax liability foer a.s year 2010-11. reply please. thanx
mr x a indian resident received a sum of rs. 5,00,000 foe playing crickt match in a nation with which india does not have a DTAA. in that nation withholding tax(TDS) of rs. 1,00,000 was made. in india he has received match fees of rs. 1,50,000 & mediclaim premium of rs 20,000
my query is to compute his tax liability foer a.s year 2010-11. reply please. thanx
26 September 2010
Yes.. he would be liable to tax in respect of foreign income.
However relief u/s 91 will be available
However relief u/s 91 will be available
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