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How to show foreign earnings

Tax queries 293 views 2 replies

Hello Team,

I was in US for most of last fiscal year and will be filing returns under NRI category. I paid US taxes when i was in US. While filing return now for 2014-15:

1) Do i need to decalre the earned/remitted US income along with India income?

2) If yes, i do not see any sections in ITR form to do the same? And how do i show the taxes paid in US?

Thanks

Kishore

 

 

Replies (2)

Go through this , all doubts will be cleared :)

https://www.youtube.com/watch?v=pXh8m7T5ooM

 

Regards

Suren

If you resident status is NRI for AY 2015-16 , You dont need to pay any tax in India on US earned income. You just need to pay taxes only on India earned income if any ...

 

Thanks 

Suren


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