Tax liability on my income
i am working with indian company office at dubai since 2012 and return to india on dated 27-09-2014, upto jan 2015 i received salary in dubai account in dubai currency and from feb 2015 i receive salary in INR in india. what is the tax liability of my income received in dubai as well as in india for the F Y 2014-15
Asked 2 years ago in Income Tax from udaipur, Rajasthan
Fir the FY 2014-2015 , you can be resident in India . In this case your salary income for the whole year be taxable in India and you will get the relief of the tax paid in UAE as per India UAE DTAA agreement . In the case of salary your physical presence in India is important and not the bank account where you have received the salary whether in Dubai or India .
Talk to Prakash Sinha
4.9 on 5.0
The taxability of your salary income received in Dubai will be determined by your residential status. If you are a resident in India then it will be taxable in India and if your a non resident or a not ordinarily resident then salary earned in Dubai will not be taxable in India. your residential status will be determined on the basis of no of days stayed by you in India.
Talk to Vijay N. Kale
4.9 on 5.0
In the present case it looks that you were in India for more than 182 days. In this case you need to declare the whole amount in India and taxed accordingly since dubai is a tax free country.
Talk to Shyam Sunder Modani
5.0 on 5.0