14 February 2011
hey hii my frend is in U.S.A on Student visa and is going to start a business in U.S.A and according to U.S.A taxation law, if the annual income of the person increases by 400$ then he/she have to pay the income tax and i want to know that if pays tax in U.S.A so he need to pay tax in India too. please help me to solve out my query as soon as possible.
15 February 2011
kindly check whether your friend resided in India for 182 days or more . If not then the income earned in USA is not liable to tax in India.