what if in case of an Indian resident goes USA for 5 months job and then returns back in India after paying all US taxes which his US employer deducted from his Income earned in US?
what if in case of an Indian resident goes USA for 5 months job and then returns back in India after paying all US taxes which his US employer deducted from his Income earned in US?
CA. RUPESH JOSHI
(Chartered Accountant)
(174 Points)
Replied 17 March 2010
Since his period of stay in India is > 182 days in that year and the condition u/s. 6(1)(b) too is not satisfied, he would be treated as resident and would be required to pay tax on income earned in US
CA. RUPESH JOSHI
(Chartered Accountant)
(174 Points)
Replied 17 March 2010
Exchange rate would be the rate prevalent on the date of actual remittance
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