International taxation
Querist :
Anonymous
(Querist) 07 December 2010
This query is : Open
I have following quries:
I am an Indian national and also resident of India. I have a trading account with a share broker in US and buy and sell shares listed in US stock markets. My quries are:
1) What is the treatement of dividend income in foreign and in India.Will there be any TDS in USA?
2) How can I claim DTAA benefit?
3) What will be the treatement of capital gains?
4) Is it necessary to have any Income Tax registration in US?
5) Do I ahve to file returns in US?
6) Any restrictions under FEMA or RBI rules?
7) Any difference in tax treatement is assessee is Individual, HUF or Company?