Nri income taxability
This query is : Resolved
27 April 2013
Dear,
As income of NRE account is exempt u/s 10 4 (ii) under the Indian Income tax act, 1961.
My assessee is a Resident of United Kingdom and NRI under Indian Income Tax.
If assessee earn any income in India which is exempt as per indian income tax act, whether this income is liable for tax in United Kingdom as the assessee is resident of united kingdom.
Thanks and regards
As income of NRE account is exempt u/s 10 4 (ii) under the Indian Income tax act, 1961.
My assessee is a Resident of United Kingdom and NRI under Indian Income Tax.
If assessee earn any income in India which is exempt as per indian income tax act, whether this income is liable for tax in United Kingdom as the assessee is resident of united kingdom.
Thanks and regards
27 April 2013
That can be taxable as per UK Laws, but for that we need to study and understand the UK tax laws.
Anuj
femaquery@gmail.com
Anuj
femaquery@gmail.com
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