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26th June 2021, 07:59 PM
#1
Is income in India taxable once I filed tax return in India
I am NZ tax resident and hold Indian citizenship.
New Zealand and India has dual tax treaty. I have already filed income tax return in India for a small amount of interest and part of rent received on an ancestral property.
There is double taxation treaty between India and New Zealand:
https://legislation.govt.nz/regulati...DLM118255.html
https://taxpolicy.ird.govt.nz/en/tax-treaties/india
Since I have already filed my tax return in India: Do I need to provide the Indian income in IRD return here in NZ under "Overseas income" and pay no tax since I have already paid in India.
Do I need to pay any additional tax in New Zealand.
I checked with few accountants and the opinions are not the same.
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