- I moved to US in October 2014 end which makes me resident Indian form Indian taxation perspective.
- I paid my US tax for the income of October, November and December 2014.
Now while filing India tax, I can claim the US tax paid as foreign credit but I am confused about filing India tax on US income of Jan, Feb and March 15.
I have looked at similar questions and also looked over internet, but haven't found any details which explains how to report this income while filing Indian tax and avoid double taxation.
If I count complete US income in the month of Jan, Feb and March 15, as taxable and pay tax in India now, can I claim this tax as foreign tax credit while filing tax in US next year?
Looking at the IRS website, I highly doubt that tax on US income can be claimed as foreign credit. Is there any other way to avoid double taxation?