Taxability
This query is : Resolved
05 October 2013
Assesse is a Resident for AY 2013-14. During the PY he has salary from an indian Employer fro april 2012-jan 2103 on which no doubt TDS is deducted. But from FEb 2013 & March 2013 he is employed by a foriegn Employer say CHINA and is based totally in CHINA ,as a result of which tax is paid for last two months in CHina which nearly work out to 50% avg rate of tax.
The issue is tax so payable in China is paid by employer say amountig to RS.600000/-
& employee gets a tax free salary of Rs. 12,00,000/- (excl tax of 6,00,000/- so paid)
so how to proceed ahead for filing ROI for 2013-14AY taking to consideration two crucial points
Bilateral Tax relief
& Tax Free Salary
The issue is tax so payable in China is paid by employer say amountig to RS.600000/-
& employee gets a tax free salary of Rs. 12,00,000/- (excl tax of 6,00,000/- so paid)
so how to proceed ahead for filing ROI for 2013-14AY taking to consideration two crucial points
Bilateral Tax relief
& Tax Free Salary
05 October 2013
check the double taxation avoidance agreement first with china in ur eg and india,
if that is not applicable refer to sec 90/90A of the act in such cases.
if that is not applicable refer to sec 90/90A of the act in such cases.
Message likes :
1 times
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
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR selection for salaries and capital gain less than L
- ITR 2 Short Term gain & Long term gain
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
