Taxability of income
This query is : Resolved
07 August 2012
A person in previous year is residing in India for less than 182 days, due to employment. whether his income is taxable in India.
he is in India for more than 365 days in last four previous year.
he is in India for more than 365 days in last four previous year.
07 August 2012
If a person resides in India for a period of less than 182 days and he leaves for employement, then he is said be non-resident.
and he would be liable for tax in India only if he has earned any income in India. For income earned outside India, he would be liable for taxation.
The condition of 365 days or more in the 4 previous years is not appicable in this case
and he would be liable for tax in India only if he has earned any income in India. For income earned outside India, he would be liable for taxation.
The condition of 365 days or more in the 4 previous years is not appicable in this case
Message likes :
1 times
07 August 2012
srinath sir,
do u want to say that income earned outside india is not liable for taxation in india.
what in case if in the country where he works (outside india) there is no taxation
do u want to say that income earned outside india is not liable for taxation in india.
what in case if in the country where he works (outside india) there is no taxation
07 August 2012
In india, if the person is non-resident, then whatever income is earned outside india would not be taxable
this position remains the same even in case where the other country does not tax the income (ie the salary)
this position remains the same even in case where the other country does not tax the income (ie the salary)
Message likes :
1 times
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
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
