Computation of taxability
This query is : Resolved
05 March 2015
HI,
MY BROTHER WORKING OUT OF INDIA AND HIS SALARY IS CREDITED TO INDIAN BANK IN INDIA.
SO, HE IS LIABLE TO PAID TAX IF HE EARN OUT SIDE INDIA BUT CREDITED TO INDIA???? IF YES THAN HOW TO CALCULATE THAT INCOME????
MY BROTHER WORKING OUT OF INDIA AND HIS SALARY IS CREDITED TO INDIAN BANK IN INDIA.
SO, HE IS LIABLE TO PAID TAX IF HE EARN OUT SIDE INDIA BUT CREDITED TO INDIA???? IF YES THAN HOW TO CALCULATE THAT INCOME????
06 March 2015
Amounts received, receivable or accrued in India are taxable in India.
The taxability depends on whether the assessee is Resident and Ordinary Resident / Resident but not Ordinary Resident / NRI
The taxability depends on whether the assessee is Resident and Ordinary Resident / Resident but not Ordinary Resident / NRI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
