US Returned IT Proffesional Taxation under Black Money Law2015

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..... US Returned IT Proffesional Taxation under Black Money Law2015
Query (Issue) Started By: - Rajesh Yadav Dated:- 31-7-2015 Income Tax
Income Tax
My client was posted in USA by his company in .....

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..... the year 2009-2011 where he earned USA salary and paid USA tax and on it. For those years he filed India Tax returns as NRI. He purchased a house in USA from that salary and USA bank loan, for which .....

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..... he has been duly filing the USA Tax returns from the Income generated from the House property for the year 2012 and beyond. Although he has not shown in the Indian IT returns since he returned back to .....

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..... India. He still owns the House in USA and a bank account, so as my question is does this asset fall under black money 2015 law ambit (Form 6) or he can simply declare it in his Indian IT return Hous .....

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..... e Property as Foreign Country as the source of the income is completely legit and duly tax filed and there is no black money involved. The questions is my mind are - * How should he declare this Fo .....

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..... reign House Property (Under Black Money Form 6/ Regular IT Return Form) * How can he avail the Tax benefit which he has already paid in USA Thanks Rajesh
Discussion Forum - Knowledge Sharing .....

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