I am resident in india for AY 15-16 as I left india for Job on 24/10/14 . I have us salary from Nov to march 27,00,000 .& tds at US is 300000/- & my indian salary from april 14 to oct 14 is 700000 & tds is 52000/-.
Question- Whether my US salary is taxable in india & if yes can we claim credit of tax paid in US.?
19 August 2015
Since you are RESIDENT in India for the purposes of Indian Income Tax, your USA salary income is also taxable in India for that year. As per the DTAA (Double Taxation Avoidance Agreement)between USA and India, you can claim double taxation relief on USA income.