I am a resident India for current financila year with couple of month income from my US salary. My current company considering two month USA salary as part of India income and asking me to pay tax on it. I allready paid tax in US on my US income. Now in India i have to pay tax again on same income.
I want to know if I can apply for some tax benifits available in US like house rent paid or others which are applicable under India law.
21 December 2011
SINCE U ARE RESIDENT HENCE UR ALL WORLD INCOME IS TAXABLE IN INDIA. IN TERMS OF INDIA-USA DTAA U WILL GET CREDIT FOR TAX PAID IN USA .
CAclubindia
