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
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- Refund of accumulated ITC - Reg.
- RELATED TO ITR OF POLITICAL PARTY
- TCS ON SCRAP SALE..
- Charity work ISD
- CSR activities ITC
- TDS ON SALE OF JOINTLY HELD PROPERTY
- Amendment in fast track GST registration
- Eway bill INWARD SUPPLY
- Rejection of the application for the registration of a society in Andhra Pradesh state
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Surcharge on pvt discretionary trust
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
