Income on foreign assignment

From February 2013 to jun 2014, my daughter was posted in US by her Indian employer. She got salary there in dollars. She has paid income tax thereat. She sent her surplus to India on monthly basis in her resident account. Simultaneously, a nominal amount of salary was also paid to her in Indian rupees in Indian account. She is earning interest income on fixed deposits.

Pl clarify:

1) which form is to be used for filing returns for 2013-14 financial year

2) whether the amount sent by her is to be taken as income ? If no, in which column this amount is to be reported in the return?

thanks in advance.

- Rajendra

 

Replies (2)

1) It will be ITR-1 or ITR-2 depending on the criteria as an exempt income is more than or less than Rs. 10000/- (if any).
2) The surplus transferred would not be taxable as such.

Whether the surplus amount is to be shown under "Exempt Income" in ITR 2?

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