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Amaranath A S

Latest Posts by Amaranath A S

Foreign Tax Credit in Case of Income from United States (US)

September 13, 2021 7875 Views 0 comment Print

We often come across with cases where there has been double taxation on the same income both from source and resident countries. Typically from an India tax perspective, in case of ‘resident and ordinarily resident’ (ROR) having investments abroad, this scenario is quite common. In order to mitigate such double taxation implications, Section 90 of […]

Split residency conundrum resolved by Bangalore ITAT through ‘centre of vital interest’ test

March 15, 2019 10029 Views 0 comment Print

under the Indian income tax law, the scope of taxable income depends upon the residential status of an assessee. In case of an individual, residential status depends on the number of days of stay in India in a given tax year.  

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