I have a query regarding taxability of income received out of India.
For example, for FY 19-20 I was send to Malaysia to work for the client on site & during the said period I received monthly income aggregating to almost INR10lac, on this income I have paid tax in Malaysia.
I don't have any other income in India.
I want to ask whether I have to show this income in ITR in India & if yes then what would be the treatment for the tax paid in Malaysia.
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Whether income is taxable
Replies (5)
Please specify the nationality..
Nationality will be based on a Income Tax Act??
@ Mr. Raj
If your status is Resident of India as per kncome tax then all over world income will be taxable in your hand. and also given tax in other country rebate is available
If your status is Resident of India as per kncome tax then all over world income will be taxable in your hand. and also given tax in other country rebate is available
What is the residential status ? and if any tax paid at malaysia then double taxation relief can be available only if DTAA exits between two nation
If NR hai toh ky treatment hoga??
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