Dividend
This query is : Resolved
18 October 2010
Dividend on shares from a foreign company received abroad...
Is it taxable in the hands of a NON-RESIDENT..?
Is it taxable in the hands of a NON-RESIDENT..?
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).
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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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).
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).
19 October 2010
right..
only Indian Income will be taxable for a Non Resident.
only Indian Income will be taxable for a Non Resident.
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