one doubt - at 38:05, where you computed avg rate of tax as 3.63% and reduced the tax payable by 7260 to arrive at the final tax of 11980, its also written that foreign income has been taxed at 20%, so presumably he has paid tax @ 20% on 200000 = 40000. so is it so that he has been taxed 20% on overseas income. and 3.63% on indian income? what about the concept of more beneficial?
Hello Sir, Please answer my question. My brother is planning to take a investor Company license in UAE and will trade online business Through his company over their by issuing proper invoices. Since the work can be done online so he will stay in India and will visit sometimes in a year over there. He will take TRC and Audit report yearly which can be submitted in His ITR 2. Now my question is will he liable to pay tax in India? If yes than what else he need to do so that he can save taxes? Please guide mam 🙏
Hi Sir, Can you please let me know what to fill in form 67 under: "Rate of tax as per double taxation avoidance agreements". I was in india for 9 months, and 3 months in canada. I paid taxes in canada at rate if 28% (i.e. tax paid/ salary). As per salary that I have earned in India during 9 months, I am in 30% tax bracket. So naturally if I club my Canadian salary with indian salary I have to pay 30% tax on Canadian salary as well. So how can I claim 28% tax paid in canada. In form 67, i am getting relief as per "Rate of tax as per double taxation avoidance agreements". should i fill 30% here?? Please let me know
Sir, for an NRI, Availing DTAA benefits is optional or compulsory and while filing ITR 2 do I need to fill details in DTAA columns(Incase not opting for DTAA benefits)? Please let me know, Thanks.
Is Exemption Method applicable for Resident Indian (i.e., physically present in India for a period of 182 days). E.g., i stayed in india from Apr to Nov and lived in Canada from Dec to Mar.
Nice topic & explaination
one doubt - at 38:05, where you computed avg rate of tax as 3.63% and reduced the tax payable by 7260 to arrive at the final tax of 11980, its also written that foreign income has been taxed at 20%, so presumably he has paid tax @ 20% on 200000 = 40000. so is it so that he has been taxed 20% on overseas income. and 3.63% on indian income? what about the concept of more beneficial?
Very well explained...thank you...cleared all doubts...
Very helpful video sir
Thanks very useful topic
Nicely explained
Thank you for this class
Gzb kr diya sir aapne 🌟🌟🌟
Sir, please wo 2-3cases bataoge ki konsi income par govt. double tax leti hai? Only example in comment if possible
Nice
Great explanation 👍
Tq sir very well explained
Hello Sir,
Please answer my question.
My brother is planning to take a investor Company license in UAE and will trade online business Through his company over their by issuing proper invoices. Since the work can be done online so he will stay in India and will visit sometimes in a year over there. He will take TRC and Audit report yearly which can be submitted in His ITR 2. Now my question is will he liable to pay tax in India? If yes than what else he need to do so that he can save taxes? Please guide mam 🙏
Hi Sir, Can you please let me know what to fill in form 67 under: "Rate of tax as per double taxation avoidance agreements". I was in india for 9 months, and 3 months in canada. I paid taxes in canada at rate if 28% (i.e. tax paid/ salary). As per salary that I have earned in India during 9 months, I am in 30% tax bracket. So naturally if I club my Canadian salary with indian salary I have to pay 30% tax on Canadian salary as well. So how can I claim 28% tax paid in canada. In form 67, i am getting relief as per "Rate of tax as per double taxation avoidance agreements". should i fill 30% here?? Please let me know
How does the deduction method work as opposed to the tax credit method ( wrt US DTAA ) . ?
Thank you so much sir
Is there any DTAA agreement between India and Thailand?
When was DTAA introduced in India?
Sir, for an NRI, Availing DTAA benefits is optional or compulsory and while filing ITR 2 do I need to fill details in DTAA columns(Incase not opting for DTAA benefits)?
Please let me know, Thanks.
QQ
Sir plz upload Transfer pricing chapter CMA final July 2020
Thank you sirrr jiii
Thanks sir.
Welcome!
Is Exemption Method applicable for Resident Indian (i.e., physically present in India for a period of 182 days). E.g., i stayed in india from Apr to Nov and lived in Canada from Dec to Mar.
Thanks sir