Tax liability of NRI

This query is : Resolved 

18 September 2008 Dear Sir,

I am working in a foreign ship (Shell Co , UK). As per the contract I shall join duty as and when the company requires and i shall be paid salary in US dollars even when i do not work. The salary is paid through their agents in Kochi, Kerala.During the financial year 2007-08 i was in India. During the financial year 2008-09 i will likely to be in India for more that 182 days. Kindly help with regard to the following.

what will be my residential status?

Whether the amount which i receive in US dollars as salary when i am in India is taxable?

Regards,
Priya

18 September 2008 Resident.
Taxable.

19 September 2008 In your question you should told whether youwere R.O.R or N.O.R for the earlier years.


20 September 2008 Priyaji you will be resident for the financial year 2008-2009.According to income tax salary is taxable in the country where the employee is giving his/her service.Since you were in India for more than 182 days during the period and moreover you had received salary in India.It will be taxable under Indian Income Tax.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries