I need a help in planning my tax returns. This year,I am travelling frequently and I am around 200+ days outside India. Do I need to pay tax on the money which I have earned abroad?
08 October 2013
Pl refer Sec 9 of Income Tax Act. If you have not stayed in India for 182 days or more during the Previous Year/Financial Year, you will be a Not Ordinary Resident in India and in such cases all incomes are taxable in India except those which neither Received in India nor Accrued in India or Derived from Indian Business or profession.