Disclosure of foreign income in itr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2015
Dear Sir/Madam,
My Residential status is R-NOR.I am having some professional Income in India.I am also having some rental and other sources Income In UK.So It is neccesary to shown such income in ITR and what are the provisons to do that??.Whether any procedure while filing ITR For A Y 15-16 ??Plz Suggest me suitable guidlines
My Residential status is R-NOR.I am having some professional Income in India.I am also having some rental and other sources Income In UK.So It is neccesary to shown such income in ITR and what are the provisons to do that??.Whether any procedure while filing ITR For A Y 15-16 ??Plz Suggest me suitable guidlines
05 October 2015
Your income from India is taxable in India, whereas your income from UK can be exempted as your residential status is NOR. The above return is to be filed through NRI return procedure
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 October 2015
Thanks Mohit Sir
But whether it is to be shown in the return both assets and its related income in our return???.And I am using Taxbase software then where it is to be shown ...Plz suggest me Sir.I am very thankful for this
But whether it is to be shown in the return both assets and its related income in our return???.And I am using Taxbase software then where it is to be shown ...Plz suggest me Sir.I am very thankful for this
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