Ashutosh (Manager) (29 Points)
22 July 2013Hi,
I was working abroad during the year 01-04-2012 to 15-03-2013. I paid the income tax over there and there is some government agreement to avoid double taxation.
Now, I am working here in India. I would like to know, whether should I filed the ITR for A.Y.:2013-14? If yes, What should be the income from salary or other sources? Should I mentioned the income earned in abroad?
Please suggest, as the last date to file the return is approaching faster.
Thanks & Regards,
Ashutosh
Ajinkya
(Finance)
(20 Points)
Replied 30 July 2013
Hi Ashutosh
For the AY 13-14, you are NRI for tax purpose as you stayed out of India for more than 181 days, so the salary earned there in not taxable under the Indian Income Tax. If however you stayed less than 181 days abroad, you can take relief of tax paid abroad under section 90 of the Income tax and check for the DTAA treaty with the country where you were working. For this calculate the salary earned (Total earned USD* RBI rate on 31 March 13) and add to salary income and similarly the tax paid (Tax paid in USD * RBI USD Rate) and put this number in the Tax Relief (Sec 90) field
Regards
Ajinkya
Ashutosh
(Manager)
(29 Points)
Replied 30 July 2013
Ajinkya
(Finance)
(20 Points)
Replied 30 July 2013
Hi Ashutosh, I would suggest you to file the tax return if you have interest on saving bank account, any capital gains even if below the basic exemption limit. Also the salary earned in India for last 15 days needs to be offered for tax.
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Cheers
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