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DTAA.............Query.....urgent

Tax queries 504 views 1 replies

hello frnds,1 of our client is working with a co.,he has gone out side India in p/y for some months nd he is resident in india. He earn $10,000 per month out side india nd received after 30% tax (i.e. $ 7000),now he hav to file ITR in India...........then as per DTAA provision whether the salary received outside india is to be included in GTI of that person in india..............if yes then hw v treat tax paid outside india.......plz quote Section No. also...........thanx

Replies (1)
Originally posted by : Lalit aggarwal

hello frnds,1 of our client is working with a co.,he has gone out side India in p/y for some months nd he is resident in india. He earn $10,000 per month out side india nd received after 30% tax (i.e. $ 7000),now he hav to file ITR in India...........then as per DTAA provision whether the salary received outside india is to be included in GTI of that person in india..............if yes then hw v treat tax paid outside india.......plz quote Section No. also...........thanx

 Hi Lalit

As u say he was resident in India during previous year then his income will be taxable in India. He will get tax credit of tax deducted on his income in abroad. Amount of Tax credit will be Tax on that income as per provision of Income Tax act and tax on that income in abroad whichever is lower.


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