Taxability of rental income earned in foreign country

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42 Points Posted on 05 August 2020
I have a rental receipt from USA and I am an ordinary resident in india..kindly guide me the taxability of the rental income earned from USA
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On 05 August 2020 at 11:16 Report
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If you're an Indian resident earning rental income from a property in the USA, it's taxable in India as part of your global income. The Indian tax law treats foreign property income the same as domestic property income. If tax has already been deducted in the USA, you can claim relief under Section 90 or 90A of the Indian Income Tax Act.

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507 Points Posted on 05 August 2020
First of all, is tax deducted on such income in USA?
If yes then you can claim relief u/s90 or 90A
and if not then it's taxed in India as Income from House Property
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On 05 August 2020 at 12:32
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207 Points Posted on 05 August 2020
A person resident in India is liable to pay tax in India on his global income. Hence, rental income from house property situated abroad is taxable in India. The income tax law does not make any distinction between house properties situated in India or abroad for computing income from house property.
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On 05 August 2020 at 17:02

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