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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2017 i have salary in india and malaysia. Both the countries have deducted TDS from my salary. how to file income tax return. i am resident of India.

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)
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15 July 2017 File your income tax return and mention the details of such income which got taxed both in India & Malaysia.

The details have to be entered in Schedule TR "Summary of tax relief claimed for taxes paid outside India".

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 July 2017 Tax relief has to be claimed in form 67.
Documentation: Foreign tax credit shall be allowed on the taxpayer furnishing a statement of income offered for tax for the previous year in the foreign jurisdiction, and of foreign taxes deducted or paid in the foreign jurisdiction in a prescribed form (Form No. 67).

Proof of payment of taxes: The Rules further provide that the statement should specify the nature of income and the amount of tax deducted or paid by the taxpayer, as provided by (a) the tax authority of the country outside India, or (b) from the person responsible for deduction of such tax, or (c) signed by the assesse, if accompanied by an acknowledgment of the payment of such tax in the form of bank counter foil, challan or a receipt of online payment as proof depending on mode of payment, or proof of deduction if tax has been deducted.
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Timeline: The above requirements should be furnished on or before the due date for filing of income-tax returns.

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