21 September 2015
I am staying in Saudi Arabia(KSA)having salary income. I had income from deposit in india and SB interest and dividend income. I filled my return under resident category even after arrival in KSA. I would like to know about the salary received in KSA is taxable in India? if yes how much and under which section. Which return i should file. I do have a share trading account and monthly SIP under resident category. Should i changed the status for share trading, MF SIP and one bank account from resident category to non resident category. If i changed all the category of residential status then what will be the impact on taxability.
Guest
Guest
(Expert)
21 September 2015
How long were you in India in FY 14-15?
22 September 2015
No problem. You have to show only as non resident. Your foreign salary will not be taxed in India. But interest and share trading profits should be taxed in India. But still you will only be non resident for all incomes