15 February 2009
I am Indian citizen living in delhi. I am working for a company based in United states of America. They don’t have any office in India. I am receiving salary through wire transfer in my HDFC account my salary is around $950/-, which is automatically converted to rupees when it comes to my bank account .as the company not based in India they have not giving me any salary breakup I have just one employment agreement from them which states I am working for them. Am I eligible to file tax as per Indian income tax rules if yes then how ?
15 February 2009
You seem to be a resident for income tax purpose. (assuming that you have stayed for more than 182 days in India during 08-09).
This income is "Income received in India" hence taxable. If tax is already deducted in US, then there is no need to pay it again as DTA is there. If tax has not been deducted, get PAN, compute and pay tax on self assessment basis and file return.
CAclubindia
