Foreign inward remittance as final settlement against salary in malaysia recd in indian bank ac

Tax queries 386 views 8 replies

My client is an NRI and had foreign inward remittance of bonus and salary in indian bank ac when working for a malayasian company in Malaysia. As he was leaving malaysia and joining the same company in denmark he was given bonus and fianl settlement amt in indian bank ac as his ac in malaysia was closed. he has been taxed there on that amt. what would be the tax treatment for the same.

As salary recd in India but already taxed in  malaysia.

In ITR how is it to be shown and also getting benefit of taxation

 

Replies (8)
Hi, Rajul
Please check your inbox for quick assistance.

did nt get ur point. where to check

please guide sir couldnt get the reply

Pls remit in nre account.

and regarding taxability pls advice

please guide for taxability on the same

Rajul there is a limit.

Please give details about taxability


CCI Pro

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