What is the tax implication of 401K / IRA distribution in US for a ROR(resident but ordinary resident) in India? Will it be taxable under capital gain head or the whole proceeds under salaries head?
Thanks
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178114 Points)
Replied 21 July 2017
Check any option under DTAA...... but if tax paid in US........ rebate will be available to ROR in India.....