Nri
This query is : Resolved
20 February 2013
An Indian origin person having employment in abroad since January 2005 . Every year he visited India two times for continuous staying less than 30 days. Please clarify his status for the Asst. Year 2011-2012 & 2012-2013.
He received salary abroad. He transfer few balance in his NRI account time to time and getting bank interest. Is his income liable to tax. If Exempted than how to show in his return of income.
He received salary abroad. He transfer few balance in his NRI account time to time and getting bank interest. Is his income liable to tax. If Exempted than how to show in his return of income.
20 April 2013
He will treated as Non Resident and his salary will not be taxable in India as he is received it outside India and remitting it in India time to time and salary received outside need not to be shown in Income Tax Return.
But interest earned in India will be taxable in India.
But interest earned in India will be taxable in India.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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 einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
