Treatment of tax in case of Resident and ordinarily resident

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  1. ratnakar reddy

    ratnakar reddy New Member

    Individual(Resident and ordinarily resident) having an income of Rs.7 lakhs in previous year.He was working in Australia.he was paying tax in Australia on income earned.when he brings such income to india, is it taxable or not in india.
     
  2. ZED

    ZED Well-Known Member

    If he is an ordinary resident who left from India for more than 182 days in the previous year for the purpose of employment in India, then the above income will not be included in his total income.

    Otherwise it will be included in his total Income.

    Tax needs to be paid in both Australia and India but, the relief u/s 90 can be availed in India in respect of taxes paid in Australia on the income which was charged to tax in Australia.
    [India has Double Taxation Avoidance Agreement with Australia.]
     
  3. ratnakar reddy

    ratnakar reddy New Member

    India has Double Taxation Avoidance Agreement with Australia, is there any agreement with all other countries.
     
  4. ZED

    ZED Well-Known Member

    Not all, but with most of the countries and in case where India does not has DTAA with that country , relief is granted u/s 91 , instead of u/s 90.

    Relief u/s 91 can be lower than relief u/s 90.
     
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