Dividend

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CA Saba Naaz (Querist)
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18 October 2010 Dividend on shares from a foreign company received abroad...
Is it taxable in the hands of a NON-RESIDENT..?

Nikhil Kothari

Nikhil Kothari (Expert)
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19 October 2010 No.

The below are the cases where a Non- Resident is taxable in India.

1)As per sec. 7 & 8, Income received or deemed to be received in India and

2)As per sec. 9, Income accruing or deemed to accrue or arise in India.

As the given situation does not fall under any of the above two cases, A Non-Resident is not taxable in India for Dividends received from a foreign company outside India (abroad).

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Nikhil Kothari

Nikhil Kothari (Expert)
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CA Punit

CA Punit (Expert)
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19 October 2010 right..
only Indian Income will be taxable for a Non Resident.

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