Taxability of salary
This query is : Resolved
24 August 2015
A person is getting salary of 10 months in india from indian co. And 2 months salary from uk co is 2 moths salary be taxable in india if salary is not taxable in uk.Further how would that salary be shown in india.
24 August 2015
since he is resident in india for the concerned ay he needs to show both income in itr under head salary
Amol S Joglekar
(Expert)
24 August 2015
The taxability also depends upon the "Residential Status" of the assessee.
Presuming your "person" is resident and ordinarily resident in India for the year under consideration, his UK salary is taxable in India. The INR value of the UK salary is added to income.
Presuming your "person" is resident and ordinarily resident in India for the year under consideration, his UK salary is taxable in India. The INR value of the UK salary is added to income.
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