Taxation on foreign income
I am an IT professional from an Indian MNC company who was deputed to UK on Nov 16 , 2019 for an Onshore assignment and i was classified as an ROR ( Resident Ordinarily Resident) for tax purpose for the FY19 - 20 . The tax consultants who are preparing my returns on behalf of the company have considered my foreign income into account , and then calculated the Foreign Tax Credit as part of the DTAA agreement with UK , and came up with an figure 2.3 lakhs to be paid for the ITR filing . I have some apprehensions about this as they didn't consider certain expenses i had incurred during my onshore assignment
1. Hotel Expenses paid for 1 month when i landed in the UK and it was around £3000 with invoice receipts
2. Since i had moved with my family after 1 month I had taken a rented unfurnished accommodation and have been paying rent on a monthly basis through a formal tenancy agreement from 21 Dec 2019 to 31 March 2020 for that FY 19 - 20 .
3. Since it was unfurnished accommodation , i had brought household items including Furniture , Electrical items , and unfortunately there was a fire accident which destroyed all of these , and i have the reports from London Fire Brigade confirming the fire accident and reason was due to a fire from an electrical appliance - Refrigerator freezer supplied by the landlord which was recalled by the manufacturer . The loss amounts to around £6000 and i have invoices and receipts for all of the goods which were destroyed in the fire.
The company appointed tax consultant don't have the expertise to consider all of these expenses and don't want to put any extra effort to consider there and are just considering the foreign income and computing the taxes and aren't willing to help me further .
I need some assistance to process all of these deductions and then come up with an amount for ITR filing
Asked 3 years ago in Income Tax
I am ready to pay for the services offered by tax consultants who can help me to resolve this problem .
Asked 3 years ago
