IT professionals in Hyderabad: GCC RSU DTAA, moonlighting AIS mismatch, 44ADA ₹75L — compliance for HITEC City, Gachibowli, Madhapur, Kondapur.

Potentially, yes — but the India-US DTAA prevents actual double taxation. At RSU vest: the perquisite is taxable in India under section 17(2)(vi) as salary income, with TDS by the Indian payroll. If you are also taxable in the US on the same income (e.g., you are a US person or have prior US tax exposure), DTAA Article 15 determines which country has primary taxing rights on salary income. India generally has rights on India-sourced salary. You claim a foreign tax credit in the country where you're secondarily taxed. To claim DTAA relief in India, you need a Tax Residency Certificate from the US and Form 10F filed before filing the ITR.

ITR-3. When you have both salary income (from the GCC employer) and business or professional income (from consulting), ITR-3 is mandatory — not ITR-1 or ITR-2. Your AIS captures the consulting TDS under section 194J (10% professional fees). If you file ITR-1 or ITR-2, the AIS mismatch triggers a non-filing or under-reporting notice under section 148A. In ITR-3, report the consulting income under 'Business and Profession', apply 44ADA (50% of gross as net income if eligible), and reconcile the full 26AS TDS credit.

Only in the years they vest. RSU grants happen at time of joining or performance — but the tax event is when shares vest (are allotted to you). The FMV on the vest date minus any exercise price (nil for RSUs) is perquisite income under s.17(2)(vi) in that financial year. Your employer's payroll must include this in your salary TDS for the year of vesting. If your RSU vesting schedule is 25% per year over 4 years, you have taxable perquisite income in 4 separate financial years — each at the prevailing FMV on that vest date. The capital gains clock starts from vest date, not grant date.

Yes — ₹68L is below the ₹75L threshold (assuming more than 95% of receipts are digital/banking). Under section 44ADA, declare 50% of ₹68L = ₹34L as net income. No books required, no audit required. Register for Telangana GST if taxable services exceed ₹20L. Telangana Professional Tax self-enrollment is separately required. Note: if you also have salary income (e.g., part-time employment), file ITR-3 covering both — the 44ADA presumptive income is only for the consulting part; salary is declared separately.

Yes. LRS remittances for investment above ₹7L per year attract TCS at 20% from October 1, 2023. On ₹10L: TCS = 20% × (₹10L − ₹7L) = ₹60,000. Your bank deducted this and deposited with the government — it appears in your Form 26AS under 'TCS'. In your ITR, claim this ₹60,000 as a tax credit against your total tax liability. Simultaneously, disclose the Vested brokerage account in Schedule FA of your ITR — even if the account holds only ₹5L in stocks, the disclosure obligation exists for all foreign financial accounts.