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Tax treatment

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Anand

31 Points Posted on 17 March 2014

Hello All,

I am currently on an assigenemt overseas and have been here since Oct 2013.

During the current financial year - I have stayed for 195 days in India; and the rest overseas.

My employer has been deducting my taxes in India for the component claiming I stayed more than 181 days.

I am also paying taxes in the current country I am receving my salary.

How is the double taxation be handled? Should I be claiming for refund for all taxes paid in India from Oct 2013 until March 2014?

Please advise

Replies (3)

Manoj Mehta

Head Of Department (Accounts & Finance)

1479 Points Posted on 17 March 2014

Dear Anand in the current year your status is resident and all income will be taxable in India but we have to see double taxation avoidance agreement between India and the country you are employed in and then only we can take such benefits in your case.