INCOME TAX : Where assessee-employee of Google India returned income under perks and amenities and because of NOR status, claimed deduction on account of income on sale of stock option being income arising out of India, but Assessing Officer while processing return under section 143(1) included income from sale of stock options as income of assessee as then employer included it in taxable income and deducted TDS from same, since assessee submitted particulars of his stay at USAINCOME TAX : Where assessee-employee of Google India returned income under perks and amenities and because of NOR status, claimed deduction on account of income on sale of stock option being income arising out of India, but Assessing Officer while processing return under section 143(1) included income from sale of stock options as income of assessee as then employer included it in taxable income and deducted TDS from same, since assessee submitted particulars of his stay at USAwww.taxmann.com Latest Case LawsRead More
