TAXABILITY OF SALARY INCOME IN INDIA AND ASUTRALIA
This query is : Resolved
19 July 2020
WHETHER SALARY INCOME IN INDIA IS TO BE SHOWN IN AUSTRALIAN RETURN AND VICE VERSA? 9 MOTHS IN INDIA AND 3 MONTHS IN AUSTRALIA. RELEVNAT AY 20-21(INDIA). AUSTRALIA JULY19 - JUNE 20
REQUEST ADVICE.REQUEST AGAIN.
REQUEST ADVICE.REQUEST AGAIN.
25 July 2020
Yes, it has to be shown in ITR in India, not sure about Australia.
However, if any tax paid in Australia on such salary income earned in Australia, you could take credit in Indian ITR and need not oay tax again.
You could contact at caankithjain@gmail.com for guiding with your Income tax returns.
25 July 2020
Thank You Mr. Jain!! Yes but trust it has to be shown only to the extent of period covered by return. In Australia they have June ending. They also have a provision of declaring foreign income. So possibly in India Autralian Income upto March,20 needs to be reflected whereas in Australia Income in India Upto JUne 20 needs to be reflected. Right?
25 July 2020
Yes rightly said, and also once have a look at DTAA between India-Australia regarding more clarity w.r.t Credit of tax paid in australia.
27 July 2020
Thank You once again!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
