The ITAT ruled that an individual’s US income is taxable in India due to his residential status in both countries. Applying the ‘tie-breaker test’ under the India-US tax treaty, the tribunal determined that his ‘centre of vital interest’ was in India, thus making his US income taxable.
Man declares income of 9.5k, pays tax on 43.5L after US earnings added
Categories:
Related Post
Minneapolis business owners face ‘almost impossible’ challenges including crime, regulationsMinneapolis business owners face ‘almost impossible’ challenges including crime, regulations
In the early days of the George Floyd riots, while the police were overwhelmed, someone smashed a car into Thurston Jewelers on Lake Street in Minneapolis. The store was overrun
Harmanpreet retained as India captain for NZ ODIsHarmanpreet retained as India captain for NZ ODIs
Harmanpreet Kaur retains her captaincy of India’s women’s cricket team for the upcoming ODI series against New Zealand, starting October 24 in Ahmedabad. Despite questions about her leadership, the squad
Starbucks strike expands to more cities just days before ChristmasStarbucks strike expands to more cities just days before Christmas
Starbucks baristas and Amazon delivery drivers are on strike in handful of U.S. cities as they seek wage increases.