A student goes to France for his studies for 2 years, gets STIPEND there. He has saved 9 lacs and wants to bring it back to India. What is the tax implication and procedure?
Kindly suggest....
Tax implication - international taxation
Replies (3)
the stipend should have been included in income in the respective year or receipt and offered to tax.
Taxed as per dubble taxation agreement.
Please check from where the Striped is received??????
Fom France or Bharat????
If received from France then taxable in France and the money saved after taxes can be brought to Bharat.
Anuj
femaquery @ gmail.com
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