Home |Tax returns filing | I was employed in an Indian company till 15 December 2017. I had resigned and then moved for individual consultancy to Oman, till 3 April 2018. The withholding tax has been deducted in Oman. Is my income taxable in India?

I was employed in an Indian company till 15 December 2017. I had resigned and then moved for individual consultancy to Oman, till 3 April 2018. The withholding tax has been deducted in Oman. Is my income taxable in India?

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Saneesh Saneesh
Answered on February 10,2020

To find out whether your income will be taxable in India, you must first find out your residential status for the said financial year as per income tax laws.

An individual is considered resident in India if she has spent at least 182 days in a financial year in India. Based on the facts provided by you, we are assuming you were in India from 1 April 2017 till 15 December 2017. Therefore, you meet the condition of residing in India for at least 182 days in a financial year.

Since you are a resident of India in FY 2017-18 for tax purposes, your income earned anywhere in the world shall be taxable in India. Based on Double Taxation Avoidance Agreement between the two countries, tax which has been deducted on your income earned abroad will be allowed to be adjusted from taxes you have to pay in India, to avoid paying tax on the same income twice.

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