Tuesday, 18 March 2014

I am an Indian scientist, who had gone abroad on a government project. Should my return of income include income earned/received abroad?

  1. I am an Indian scientist, who had gone abroad on a government project. Should my return of income include income earned/received abroad?

It depends on your residential status. If you are a resident all incomes earned globally are taxable. Therefore the same needs to be included in the return. However if any tax is paid on that income in the foreign country, you will get credit for the same.

Post a comment

 
Copyright © 2014 Taxation4u | Disclimer