31 January 2012
I've moved to US around Dec 2011 & going to be here till Aug/Sep 2012. I'm doing a job in US & getting a salary income. When will I need to pay tax on my US income. Do I need to pay at the end of this financial year (i.e.2011-12) for the salary I got in the year? Or it can be paid after returning to India? How will the tax calculation work (i.e. which date's $ rate should be applied for calculating tax)?