plz suggest about double taxation applicable for salary person....
if he operate salary account in foreign and saving account in India ...
Transfer of funds from overseas bank to a regular savings account in an Indian bank is not taxable provided you fulfill the criteria to be an NRI i.e. you have stayed more than 182 days abroad in that financial year
In case if you are not NRI, then you will be eventually have to pay tax on the income earned in foreign countries but you can anytime claim against the tax you paid overseas
CAclubindia
