31 January 2017
A person who was earlier an NRI, has shifted to India and is now an Ordinary Resident in India. he is deriving rental income from letout immovable property in London. That income is already taxed in UK and net anount is paid to the person.
what is the taxability of that income in India? and if credit of such income is to be received, what is the procedure or requirement for it?
31 January 2017
Being resident of India such global income is taxable in India. Include that rental income in the ITR filed in India and claim relief on tax paid on such income outside India.