POSTED BY August 14, 2012 4:22 am COMMENTS (12)ON
I have a question about tax on remittance.
I work for a Indian IT company. My company sent me to USA thru its USA subsidiary on H1B visa (typically how all IT company send). I get my USA Salary in USA $, I don’t get any Rs. salary in India.
For last 2.5 year I am in USA.
I transfer some dollars every month to my own Indian savings account to take care of my loan obligations and family support.
I pay tax in tax in USA on my USA salary.
1) Will India Tax Dept, consder this transfer of money as my Indian Income?
2) Will I be liable to pay tax, even when I am not residing in India
3) Do I need to file any return? even when I am not residing in India.
Thanks in advance for your help.