Foriegn income taxation

ITR Filing 550 views 2 replies

Hi,

Could you please help me understand  If some body moves out of India for permanent employment in mid of Jan 2011,

1) Will his salary from employment out of India be clubbed with his income from april 2010-dec 2010?

2) If yes, under which section to report the same in ITR?

3) Will any deductibles be allowed from salary income outside India?

 

Thanks a lot in advance.

 

Regards,

Amit

Replies (2)

 

1. YA, SALARY WILL BE  TAXABLE  from employment out of India be clubbed with his income FROM INDIA.

2)  yes,  HE SALARY under section 16(SALRY HEAD) to report the same in ITR.

3) NO, deductibles be allowed from salary income outside India.

 

There might be tax credit available Read DTAA of india with that country


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