Dtaa calculation

Considering following facts

  • A person is both a resident in India, and resident in US (with which India has DTAA) in preceeding financial year.
  • There is only salary income (both in India, and in US)
  • Tax on US salary is already paid (and return has been filed).

Following are the questions

  • Is the person liable to pay tax on US salary income in India
  • In case person is liable to pay tax, how to calculate Global Taxable Income (will it override benefits gained for income tax received in US)
Replies (1)

Hope the article from the below link would help you in understading the situation that you have mentioned :

https://www.nehasinghi.com/foreign-tax-credit-%E2%80%93-a-discussion-from-indian-context/

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