pkkapoor

An individual would be resident in India if he stays for 182 days or more in India during the previous year or if he stays for 60 days during the previous year and 365 days in the 4 years preceding previous year. If an individual fails to satisfy the above conditions, he will be considered as a non-resident in India

In the above context, what would be tax liability in the following case-
- a Indian person working outside India
- having foreign income of Rs 1 crore or above
- pays income tax in that foreign country and
- income in India is less than Rs 5 lakh
- and visits India for about 80 days during PY 2024-25 and more than 365 days in the last four PYs.

What would be the tax liability?


Chahat Khanna
16 December 2024 at 17:29

TDS ON SALARY multiple employers

Resolved and deleted.


Urvashi@0311

HI! i have no business income my income includes salary, capital gain and other sources and filed return for the F.Y. 2023-24 in new tax regime , i want to file revised return. can i file revise return in old tax regime???


Dinesh.V
16 December 2024 at 15:50

Tds deduction machinery installation

Can i Deduct tds u/s 194c on machinery Installation value 37,50,000/-


deepak mittal

What is rate of TDS on Purchase of Property from NRI Proposed date of purchase 20.12.2024


Suresh S. Tejwani
16 December 2024 at 12:22

GST BUSINESS

BOREWELL SERVICE IS APPLICABLE FOR GST COMPOSITION SCHEME ????


Daya
15 December 2024 at 21:23

Gift, will and inheritance shares received

How to determine date of acquisition and cost of acquisition in the case of share received by GIFT,Will and inheritance.
Please reply.


Daya

What will be the cost of acquisition and date of acquisition in the case of convertible debentures
whether indexation will be apply.


Daya

How to calculate capital gain in the case of unlisted of shares
what will be the holding period for calculation of capital gain and whether indexation will be made for calculating long term capital gain . Rate of Capital gain in STCG and LTCG


Daya

Bonus Shares ,
Split of shares,
Merger of shares,
De-merger of shares,
Right issue of shares,
Amalgamation of shares, and
Buy Back of shares
HOW TO DETERMINE PERIOD OF HOLDING
HOW TO DETERMINE COST OF ACQUISITION
please reply






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