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Vaibhav
Last year I moved to UK and spent over 60 days in the FY 2023-24. And will be considered as India resident. I’ve all my income in UK with tax paid per the UK slabs. But since now my income needs to taxed in India, can I get any rebate like HRA & LTA… There is no component in my UK salary for such rebates or salary break down…
With the same salary entered for taxation in India is coming out to have additional tax liability? has anyone worked on queries like this before?
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.
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.
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.
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