I am not a non-resident Indian (NRI). I have been living in Singapore since November 2015. I have paid taxes in there for November and December 2015. Under the Double Taxation Avoidance Agreement (DTAA), I don’t have to pay taxes for these months in India. But Singapore follows a January-December financial year (FY), and I haven’t yet got my tax receipts for January-March 2016. As the Indian FY is from April to March, how do I avoid double taxation for this period?
—Amit Jakhar
Taxability in India depends on source of income and residential status. Residential status is determined on the basis of physical presence of an individual in India during the relevant FY and the last 10 years.
