Since the ITR filing due dates are not far, we all have started working on our ITR filings. We all should keep this important aspect in mind while filing our returns if we are getting the benefit of stock options as a part of our CTC in our annually generated Form 16. Many of us … Read more Claim Foreign Tax Credit under Employee Stock Option Scheme (ESOS) – Avoid Double Taxation of Income
Double taxation means taxing the same income twice in the hands of an assessee. A particular income may be taxed in India in the hands of a person based on his/its residence. However, the same income may be taxed in his/its hands in the Source country also, as per the domestic laws of tax country. … Read more What relief provided to assessee from double taxation? Read here in detail.