How to show foreign earnings

Tax queries 268 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


CCI Pro

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