Need to ask a question as before this year i was nri but now i have stayed more than 182 days in india ...and my ais is showing sec 195 remmtiance of foreiengn currency receipt ...need to know that this remmitance money should be included in my taxable income or not
Menu
Sec 195 tax applicability from receiver points
Replies (1)
If you are a resident in India, then your all income will be taxable in India only irrespective that was earned in India or in from foreign country. For tax paid in a foreign country, you can cliam deduction as per DTAA. Let me know if you have any questions.
CA Aakarsh Jain
ca.ajaakarshjain16 @ gmail.com
CA Aakarsh Jain
ca.ajaakarshjain16 @ gmail.com
Recent Threads
- Please advice what itr to file for AY 2025-26
- Reporting Capital Gains of NRI in ITR
- Gratuity income as salary income on AIS portal. Is
- 80C deductions not being allowed in ITR2 for old r
- Unable to submit ITR 1 return
- Direct Tax(Income from Salary)
- Income from House Property or Business
- 44ADA Business code 14005
- How to rectify Form 67 that is already submitted
- Which year to consider for Property tax if sold af
Related Threads
CAclubindia
