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    amolhekare's Avatar
    amolhekare Posts: 2, Reputation: 1
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    #1

    Feb 24, 2009, 11:57 AM
    Double taxation.
    I'm in USA.. My status is resident indian... So to avoid double taxation what would be the ideal time to go to india? Or it simply doesn't matter if I moved back to india at anytime?
    I have been hearing like if I move before 31st March I have to pay double tax in india otherwise not...
    Right now for each month I'm paying the tax in india on my india salary component and in USA on US salary component.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 25, 2009, 01:03 AM

    Do you have a question? If yes, give info about your visa, when did you enter the U.S. Who is paying you salary? What taxes are withheld?
    amolhekare's Avatar
    amolhekare Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Feb 25, 2009, 05:38 PM
    I entered US on 1st nov 2008 on L1B visa. I'm working for indian soft company. I'm getting paid in two components. One is indian componenet on which I'm paying tax to indian govt and other one is US component. I'm paying tax on both to US govt.
    I may need to move back india at any time. So my question is whether it would be beneficial to me if I planned to go after 31st march considering double taxation? Or it simply doesn't matter whenever I move?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #4

    Feb 26, 2009, 12:51 AM

    Did you get W2 from your employer? If yes, you are working for a U.S. company (who ever may own it). You must report this income on the U.S. tax return.

    If you are single, then for 2008, you will file nonresident tax return.
    If you have a question about India tax return, then post at mytaxes - Index
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