Tax on dividend received on foreign stock holding

I have received dividend on my US stock holdings. Tax of @ 30% is already cut at source in US on this dividend. Do I need to pay tax on this again in India by showing this as taxable dividend income in my ITR?  

Replies (1)

Hi, 

For this first of we need to check your residential status in India. If your global inome is taxable in India, we need to work out the relief of taxes paid in US on your dividend income, eligibale as per Indo-US treaty.

In case of any further query feel free to contact:

anubhav.jain @ skparekh.com

Anubhav Jain

SKP - Direct Tax

( The views expressed are in the sole discretion of the author, and the organization and the author holds no liability for any views expressed)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details