Dear Anuj Sir,
1 of my client was in US for period 01/01/2010 to 31/08/2010 having salary income. later on from 01/09/2010 to 31/03/2011 he is employed in India. So he will be resident and global income will be taxable.
So the salary of US from 01/04/2010 till 31/08 will be taxable na as indian income tax financial year starts from 01/04/2010?
whether he can claim relief under section 90 or 91?
Is there any exemption available for such salary income under dtaa between india & US?
Dear Anuj Sir,
1 of my client was in US for period 01/01/2010 to 31/08/2010 having salary income. later on from 01/09/2010 to 31/03/2011 he is employed in India. So he will be resident and global income will be taxable.
So the salary of US from 01/04/2010 till 31/08 will be taxable na as indian income tax financial year starts from 01/04/2010?
whether he can claim relief under section 90 or 91?
Is there any exemption available for such salary income under dtaa between india & US?
Yes, the salary of US from 01/04/2010 till 31/08 will be taxable as indian income tax financial year starts from 01/04/2010.
releif under sec. 90 is permitted.
No exemption, but if US salary was paid by Indian company then it may not be taxable in USA.
Anuj
+91-9810106211
femaquery @ gmail.com
As per DTAA WITH US, Salary Income is Taxable in the other contracting state (USA), not taxable in India.
RATES TO BE TAKEN
SBI TTBR RATE - FOR EVERYMONTHS SALARY, CONVERT WITH LAST MONTHS / LAST DATE OF SBI TTBR RATE
JAN SALARY ----------- SBI TTBR RATE OF 31ST DEC .......LIKE THIS, ALL FOREIGN CURRENCY IS CONVERTED.
CAclubindia
