Hello all,
Client got US dividend income of 45 Rs/- , and sold 1 US stock with a loss of 100 Rs/- ( will show both in there respective income)
My question is is it mandatory to file Form 67?
Hello all,
Client got US dividend income of 45 Rs/- , and sold 1 US stock with a loss of 100 Rs/- ( will show both in there respective income)
My question is is it mandatory to file Form 67?
Yes, it is mandatory to file Form 67 if the client wants to claim foreign tax credit for the US tax deducted on the dividend income.
Sir
Only 5 Rs/- INR deducted, as the amount is very small is it mandatory to declare?
Not mandatory...
Thank you sir for your reply.
You are welcome...
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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SSGS and Associates
Chennai
CA Inter
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