I work for a UK company in UK (British citizen with OCI card). I am moving to India now. I want to keep receiving salary & pay tax in UK. My employer is Ok with it. Since I'll become Indian resident, how to claim DTAA? Any additional taxes in India?
Answered on January 13,2023
As per Article 1 of DTAA, the benefit of a DTAA agreement will be applicable only for a resident. Thus a Non-Resident cannot claim relief under Sections 90, 90A and 91. Therefore, a non-resident should not fill the FSI and TR Schedule. Schedule FA is not applicable for a Non-Resident. It must be filed by residents in India who own foreign assets abroad.
Get it done by the tax professionals they will help on this that would be a good suggestion.
For more information can contact us for the services releted to taxation and GST.
7498537730
MISHRA CONSULTANTS