Asst of salary earned abroad
This query is : Resolved
09 July 2021
An IT employee worked in Germany for four months during 2020-21 and worked in India for the remaining eight months. The employer issued salary certificate for the entire salary earned during the year. Can the employee claim exemption for the salary earned abroad?. He has already paid the taxes due in Germany.
09 July 2021
I beleive the assessee is a resident. So report the entire salary earned both in India and Germany as salary income under regular income tax slab and then claim credit of tax already paid in Germany as relief u/s 90
09 July 2021
Form 67 is a new requirement effective financial year 2016-17. Under the Income-tax Rules, 1962, foreign tax credit claimed in the India tax return will be allowed only upon furnishing Form 67. . Form to be furnished before filling ITR.
24 July 2021
Sir, can you please tell me if Form 67 is to be filed manually or electronically .
24 July 2021
Electronically to be filed.
18 December 2021
The assessee derived salary and living allowance in Germany. Is the living allowance received in Germany to be included in the total income? Or is it exempt in india?
18 December 2021
It's exempt from income tax.
18 December 2021
Thank you sir... so he need not include living expenses received in Germany in his total income. He can include the salaries received in Germany and India and claim taxes paid in Germany u/s 90 and file the IT returns....
19 December 2021
Yes, you are right....
29 December 2021
Sir,while filling itr-1, how to fill in rebate claimed u/s 90? I can not find any column in itr-1 to claim rebate of tax deduction to be claimed for foreign salary.
29 December 2021
File ITR 2 separate schedule is there to claim relief.
29 December 2021
Thank you sir.... i found the relevant column in itr 2 and filed it. Very helpful sir...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
