Taxation of income from outside india
This query is : Resolved
13 June 2013
Sir
We came across the following situation.
Our client is a resident in INDIA, and has received interest income(say 100000/-) from USA subsidiary.
TDS(say 15000/-) has been deducted on the same interest income.
Whether the net interest income(RS 85000/-) received would be taxable in INDIA,,,??
Thanks you
We came across the following situation.
Our client is a resident in INDIA, and has received interest income(say 100000/-) from USA subsidiary.
TDS(say 15000/-) has been deducted on the same interest income.
Whether the net interest income(RS 85000/-) received would be taxable in INDIA,,,??
Thanks you
13 June 2013
you can calim td deducted in usa when file return .
show full intt as income
and claim tds on intt. as TDS
show full intt as income
and claim tds on intt. as TDS
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
- GSTR9- ITC
- Audit of F and O T/O
- GST 9- Table 8
- REVENUE RECOGNITION AS PER IND AS 115
- RCM on GTA Services
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- Applicablity on tds
- Unable to generate and save json file for updated return
- GST payable under RCM
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- Related to Rate of Depreciation
- Mismatch of Sales Invoice in GSTR-1
- Query on Mismatch of Sales Invoice in GSTR-1
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
CAclubindia
