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Prateek

Double Tax Avoidance Agreement...
I am a resident Indian. I got dividend from a company in USA and they have deducted 25% TDS. I have figured out that I need to show this under OS and FSI sections of ITR2. But I am not sure what exactly to fill in these tables.
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Inder

DTAA INDIA USA...
Hi Amlan,
Good Day sir - first of all thank you for detailed tutorials really very informative.

Summary - I am working for an MNC and enrolled through ESPP (employee stock plan through my company) and my company is listed in USA stock exchange. Hence getting some stocks on monthly basis (of US entit...
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Sonali Verma

NRI Taxation...
Hello,

Can you guide where to fill NRI status in ITR 2018-19 and which ITR form should NRI use for this year?

Thanks in advance.
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Amlan Dutta
NRI cannot use ITR 1 for FY 2017 18 ...as far as selecting returns go, NRI will select ITR 2, 3 or 4 depending on scope of taxable income and indicate his taxable residential status against the residential status field in the ITR form...please select query category properly next time
NRI cannot use ITR 1 for FY 2017 18 ...as far as selecting returns go, NRI will select ITR 2, 3 or 4 depending on scope of taxable income and indicate his taxable residential status against the residential status field in the ITR form...please select query category properly next time
  • July 27, 2018
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Inder

DTAA INDIA USA...
Hi Amlan,
Good Day sir - first of all thank you for detailed tutorials really very informative.

Summary - I am working for an MNC and enrolled through ESPP (employee stock plan through my company) and my company is listed in USA stock exchange. Hence getting some stocks on monthly basis (of US enti...
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Inder

DTAA INDIA USA...
Sir the question is w.r.t DATA on DIVIDEND income received from USA. Should this be under credit/exempt income? As per my understanding India and USA are under agreement for DATA so should I mention the same under FSI or the same is not required
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Jitendra Sune

Double Tax Avoidance Agreement...
Hi Amlan,

Want to thank you for the nice educational videos you’ve created on filing tax returns for Foreign Income. They were really helpful. Please continue the good work! I am working in UK since Nov 2017, So I am a resident Indian for tax filing for FY 2017-2018.

I’ve a few queries as under:...
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Sandeep Kumar

Double Tax Avoidance Agreement...
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
  • July 22, 2018
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Glenn Sampy

NRI Taxation...
I am a retired NRI/OCI individual living in UK and found your YouTube video” 911(Income tax) How will NRI fill up communication address in the income tax return “ excellent and very professional. I have been religiously completing the self-assessment for many years by e-filing and it has been st...
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Amlan Dutta
Aha, you are using ITR 1 ...for FY 2017 18 , ITR 1 can no longer be used for non resident indians ...Use ITR 2 and you shall see your friends back ...here check the attached picture and you will get your country code ...i just did it with 10, Downings street ...you do it with your address...follow ...
Aha, you are using ITR 1 ...for FY 2017 18 ,  ITR 1 can no longer be used for non resident indians ...Use ITR 2 and you shall see your friends back ...here check the attached picture and you will get your country code ...i just did it with 10, Downings street ...you do it with your address...follow up for any queries ...also , please select question category carefully the next time ...if you do , the answer options - video will point to relevant videos for the question category
  • July 17, 2018
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JAY D VYAS

NRI Taxation...
Nice video, My compliments. I am USA citizen 66 yrs old, now RI of India, Born indian, I have Social security and Retirement income on USA, I do file tax return of USA, however my Tax rate is ZERO, I do bring thru NRE account money to live in India, Here in India have hardly 60,000 ( some NRO inter...
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Abhishek Gogia

NRI Taxation...
Hi
I am filing return (ITR 2) for my brother who is an NRI,
I wanted to ask is it mandatory to fill FSI, FA and TR for NRI ?
I read in previous blogs and posts that NRI need not fill these schedules , but the excel for ITR 2 that I downloaded does not compute the tax or generate XML till I fill the ...
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Amlan Dutta
Understand the concept why foreign source income schedule doesn't apply to NRI...... A Basically, NRI who is not resident in India is taxable in India only in respect of income arising or received in India i.e for non residential taxable residential status , the foreign source income is not includ...
  • July 9, 2018
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HITESHKUMAR UTTAMBHAI TOP

I am NRI and having some queries as mentioned herewith. Since i am NRI and and having two houses i m filing ITR-2.

I had filed ITR-1 for AY 2016-17 and ITR-2 for AY 2017-18 for my wife (she is also NRI) (housewife). She is only having 2-3 Saving account interest and 4 FD interests income (all local ...
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