22 March 2009
hi, my frind is working for an IT company in india....for a project work he has been deputed in USA for 6 months....he is getting his remuneration in usa ( net of USA tds) and salary in india as well. his residential status is resident in India.
what will be his tax liability in India? will there be any role of DTA ?
23 March 2009
SINCE HE IS RESIDENT IN INDIA, HIS GLOBAL INCOME IS TAXABLE ie., INCOME FROM INDIA AS WELL AS INCOME FROM INDIA IS TAXABLE. HOWEVER HE CAN CLAIMS DEDUCTION FOR DOUBLE TAXATION.
23 March 2009
SINCE HE IS RESIDENT IN INDIA, HIS GLOBAL INCOME IS TAXABLE ie., INCOME FROM INDIA AS WELL AS INCOME FROM INDIA IS TAXABLE. HOWEVER HE CAN CLAIMS DEDUCTION FOR DOUBLE TAXATION FOR TDS PURPOSE