22 July 2007
I would like to know as to how to compute the tax for people who have worked both in India as Well as US? i have referred to the sections 90 & 91.but still not clear as to how exactly to go about to do it practically.. 1.how to do when he is a Resident? 2.when he is a R But NOR? 3.when he is a non resident?
Further there are a lot of taxes imposed on the people who have worked in US..like Federal state tax,social secuity tax... etc.. so for which the credit has to be given?
25 July 2007
TO clarify the residential status, please refer incometaxindia.gov.in/UnderstandingIT/Expatriates.Asp - 68k - For taking th etAx Credit, you should consider only Federal state tax as it represents the tax on income.