Managing Tax Compliances as an American resident

Analysing Tax implications in USA in relation to Indian Assets & Income. Indians immigrating to USA or travelling to USA for temporary purposes such as work, education etc. are faced with the challenge of managing tax compliances in India as well as USA. Once a person attains residency in USA, his/ her Indian assets may also come within the USA tax net. This is particularly true in the case of capital assets held in India. We assist Non-resident Indians in understanding how their Indian assets and India sourced Income should be dealt with while seeking compliance with American Tax framework.

Filing Indian tax returns and dealing with double taxation of income.

We undertake filing of income tax returns for NRIs based out of USA. In doing so, we undertake computation of exemptions and foreign tax credits that may be available under the India-USA DTAA.