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
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