NRI Taxability

This query is : Resolved

Deepak Gupta (Querist)
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11 November 2010 There is Mr. X, NRI Individual.He entered into the contract with an Indian Company for providing services outside India but the service charges are received in India.

Can you please tell me are the services charges received by Mr. X in India taxable to him under Income Tax Act?

CA Navin Jain

CA Navin Jain (Expert)
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11 November 2010 yes tds is applicable

Tilak Agrawal

Tilak Agrawal (Expert)
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11 November 2010 Dear Deepak

Since the income is received in india it is an indian income and hence chargeable under the ACT even for Non residents

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taxindiaconnect

taxindiaconnect (Expert)
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11 November 2010 Please see this link for more clarification.

https://www.caclubindia.com/experts/tds-on-line-haul-courier-charges-to-a-foreign-company--517900.asp