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Sandeep Kumar

Double Tax Avoidance Agreement...
11 hours ago Solved
Dear Amlan,
I am resident Indian for AY18-19, with 4 months of salary income from UK. Can you please guide me if it is necessary for me to fill Form 67. If yes any guidance on filling that form would be much appreciated.
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Amlan Dutta
Yes, rules for claiming FTC have been notified under Rule 128 w.e.f 1.4.2017 and it is required to fill form 67 few important points ...
(1) FTC shall be the aggregate of the amounts of credi...
Yes, rules for claiming FTC have been notified under Rule 128 w.e.f 1.4.2017 and it is required to fill form 67  few important points ...                                                                                                            <br /> (1) FTC shall be the aggregate of the amounts of credit computed separately for each source of income arising from a particular country;<br />(2) FTC shall be lower of, tax payable on such income under the Indian tax laws and the foreign tax paid;...........                                                                                                                                      <br />           Digital Signature Certificate (DSC) or Electronic Verification Code (EVC) is mandatory to submit Form 67<br />Submission of Form 67 shall precede the filing of return of income....it is a very simple thing , you can check my tutorials on how to fill return for taking credit of doubly taxed foreign income ...But before filing return claiming relief under 91 , you must first fill form 67Yes, rules for claiming FTC have been notified under Rule 128 w.e.f 1.4.2017 and it is required to fill form 67  few important points ...                                                                                                            <br /> (1) FTC shall be the aggregate of the amounts of credit computed separately for each source of income arising from a particular country;<br />(2) FTC shall be lower of, tax payable on such income under the Indian tax laws and the foreign tax paid;...........                                                                                                                                      <br />           Digital Signature Certificate (DSC) or Electronic Verification Code (EVC) is mandatory to submit Form 67<br />Submission of Form 67 shall precede the filing of return of income....it is a very simple thing , you can check my tutorials on how to fill return for taking credit of doubly taxed foreign income ...But before filing return claiming relief under 91 , you must first fill form 67
  • 2 hours ago
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Bappa

Double Tax Avoidance Agreement...
Hello ,

I am filling return in ITR2 as individual resident who has foreign income based on your video to get benefit under sec 90.

I am working in Belgium as a software engineer in a company. So, which article number should I fill in the FSI. Is it art 15 or 23 ?.

My understanding by reading the agreem...
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arun kumar

Double Tax Avoidance Agreement...
pls make a videos with new itr forms on german expats regarding dtaa, like how to file itr forms and take tax credit ,because there is some practical problems like f.y. form jan to dec. and late file or itr in germany etc. in that situation what we can do
thanks
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Amlan Dutta
Sorry , won't be possible for me .....you can seek guidance from Chartered accountant forum in this regard ..i have delved enough on the topic and had made many tutorials which i had to delete because of NRI's calling me to remove them ...post this i have decided that i will not waste any further ti...
  • June 12, 2018
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arun kumar

DTAA ( Tax credit method)...
Can we claim DTAA tax relief without taking tax residency certificate or not?
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Amlan Dutta
No , without taking tax residency certificate , you can claim DTAA relief ...
  • June 12, 2018
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Arijit Nag

Double Tax Avoidance Agreement...
Thanks, Amlan for this initiative. In this assessment year 18-19, I Have India Salary Income until June'17. Then I moved to Canada. So want to know to e-filling.
If you could share the steps in the e-filling portal that will be a great help
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Amlan Dutta
I cannot at this moment give a detailed answer ....you can refer my DTAA tutorials on youtube how to fill your return ...since your taxable residential status Is" Resident" your global income is taxable i.e In this case your canadian income shall be taxed in India as well ...Since this means double ...
  • May 28, 2018
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PARDEEP

DTAA ( Tax credit method)...
Hello

i moved out of india on 8 oct 2018. I am getting 95% salary in sweden but 5% in india for the name of social benefit(PF). On salary slip it is 100% but mentioned 95+5 in india. Now my employer has shown 100% in sweden in form 16 type form - KU10 as total income is taxable in sweden and also 5%...
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Amlan Dutta
Since you are a resident indian , your Global income is taxable in India ...so for you everything is taxable ...only thing is that you will get relief on doubly taxed income as per DTAA agreement between India and Sweden ....Typically it is the resident country i.e India( for your case ) in which ...
  • May 1, 2018
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manoj
Hey Amlan, thanks for your valuable response.
I too have similiar case. so when filing IT return this year is the TRC document mandatory ? if yes, then will the Residency registration letter (also referred as Anmeldung in germany) suffice for this purpose or is there a specific document one should r...
  • July 12, 2018
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Chaitanya Kumar

Double Tax Avoidance Agreement...
I'm resident of India and in US now for temp work, as part of global tax i'm being asked to pay tax for medical insurance paid in US and which is non-taxable in US and also in India. Do i need to pay/calculate tax for medical insurance amount? pls suggest
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Amlan Dutta
W.r.t indian taxation system, no .
  • April 16, 2018
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antony arun

Double Tax Avoidance Agreement...
Hi Amalan, I watched your YouTube videos on DTAA. Thanks for providing such an informative session and you are an inspiration. I have a question. My case is as below for FY 2016-17:
I worked in Australia during August 2016 to October 2016. AndI worked in USA during Feb 2017 to March 2017. So I am a r...
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Niki

DTAA ( Tax credit method)...
I was in India until November 2016 which means I was there for more than 182 days.

I moved to US for the remaining year. Now in my W2 statement. I had the below components:

Total Income = a
Federal Income Tax = b
Social Security Tax = c
Medicare Tax = d
State tax = e
I received the amount in my bank...
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Niki

Double Tax Avoidance Agreement...
I watched the video on how to calculate Tax return in case of Foreign income

https://www.youtube.com/watch?v=642rekY35WU

But I am still not able to get which algorithm to calculate in case of USA as the country.

Taking the same example you took:

My Indian Salary: 10 Lakh
US Salary: 20 Lakh
Tax Deducted i...
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Amlan Dutta
i have already explained that for USA you need to follow deduction method i.e salary 20-6=14 lakhs usa and 10 lakh indian , so 24 lakhs salary income ....now put in figures of deduction and arrive at taxable income ...tax shall get computed as per slabs
  • March 29, 2018
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sayan nag

Double Tax Avoidance Agreement...
Respected Sir,

I observe a case where a pension holder, age 68 years (one rank one pension which impose in 3.2.2016) received arrear in FY 2016-17 Rs. 100000. can i claim relief u/s 89 in respect of this arrear in AY year 2017-18?
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Amlan Dutta
FY 2016 17 is nothing but AY 2017 18 .....so obviously if you received any arrears in FY 2016 17 , you will seek benefit in FY 2016 17 i.e AY 2017 18 only ...arrears relief as like salary is also available for pension under section 89 ...you can surely claim pension relief!
  • January 6, 2017
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