CA Shailaja Bhupatipalli 14 Jul 2024
Hello Vaibhav, I understand that you have moved out of India in the FY 2023-24 for the purpose of employment. Your period of stay in India before moving out is 60 days. If that's the case, then you will be considered resident of India, only if your stay in the FY 2023-24 182 days or more.
If your stay is less than 182 days in FY 2023-24, then you don't have to offer the income earned in UK for tax in India.
However, if your period of stay in India is more than 182 days, then your will have to offer the Income earned in UK to tax in India. If the salary structure does not provide any breakup of LTA, HRA etc,. then it will not be possible to claim it in your Indian tax filing. Only a credit for Tax paid in UK can be claimed in the Indian Return.
Hope this gives you some clarity. Let me know if you require any further details.
CA Shailaja Bhupatipalli 14 Jul 2024
Hello Vaibhav, I understand that you have moved out of India in the FY 2023-24 for the purpose of employment. Your period of stay in India before moving out is 60 days. If that's the case, then you will be considered resident of India, only if your stay in the FY 2023-24 182 days or more.
If your stay is less than 182 days in FY 2023-24, then you don't have to offer the income earned in UK for tax in India.
However, if your period of stay in India is more than 182 days, then your will have to offer the Income earned in UK to tax in India. If the salary structure does not provide any breakup of LTA, HRA etc,. then it will not be possible to claim it in your Indian tax filing. Only a credit for Tax paid in UK can be claimed in the Indian Return.
Hope this gives you some clarity. Let me know if you require any further details.
CA Puja Sharma 16 Jul 2024
No, you will not be considered as Resident for FY 2023-24 because your stay was less than 182 days during the previous year.
There is an exception to the rule of stay for 60 days or more, in case yoyu leave the country for employement purpose.
T&C apply