Taxability of income received outside income
This query is : Resolved
20 May 2019
Dear All,
Please suggest me that if any NRI having NRE/NRO account in India received some part of his income in the above account but tax is not deduct by the employer on the same amount, whether such income is taxable in India or not? please provide me base for taxability or non taxability of income received in the NRE/NRO account.
Please suggest me that if any NRI having NRE/NRO account in India received some part of his income in the above account but tax is not deduct by the employer on the same amount, whether such income is taxable in India or not? please provide me base for taxability or non taxability of income received in the NRE/NRO account.
20 May 2019
Such income is taxable in India per section 5(2)(a) of the Income tax Act,1961.
However, if the said individual is a seafarer and the said amount is salary, exemption
is available per CBDT Circular 13/2017 dated 11-04-2017.
However, if the said individual is a seafarer and the said amount is salary, exemption
is available per CBDT Circular 13/2017 dated 11-04-2017.
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
- Query on effect of registration of property
- Visiting card purchase
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Additional trade name
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
