Foreign tax
Bhaskar Yadav (Article) (55 Points)
09 April 2017
I received a form 1042-s ... what i have to do with this form ???
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178317 Points)
Replied 09 April 2017
It will be useful to file ITR of the Resident client, while filling his/her foreign income taxable in India, and also claim his/her tax withheld in US over the income.
Details refer:: https://ibkb.interactivebrokers.com/node/941
Bhaskar Yadav
(Article)
(55 Points)
Replied 10 April 2017
Sir they have withheld tax @ 30. So will i get credit of that tax deducted at US ???
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