Tax treatment of income earned abroad

Tax planning 431 views 1 replies

Mohika Sinha

Student CA- Final CS- Executive

169 Points Joined June 2011

A doctor returns back to india in October 2012. Is the income that he earned abroad for the first half taxable in india for AY 13-14 assuming:

a) He was previously settled abroad

b) He went abroad in FY 09-10

Pls also specify a related case study (if any)

Replies (1)

Manoj Mehta

Head Of Department (Accounts & Finance)

1479 Points Joined March 2009

Dear mohika first you should check the residential status of the assessee if he is RNOR then income earned abroad might not get taxable in India. Also you have to check the relevant double taxation avoidance agreement with the country to proceed further.