Basic Exemption Limit for Non Resident

(Guest)

Weather basic exemption limit is available to Non Resident or not?

Please provide the relevant section

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4 Replies

sachin cool (student) (50 Points)
Replied 10 September 2008

any income arising from following activities shall not be taxable for non -residents:-

1:purchase of goods from india for export

2:collecting of india's news for its transmission somewhere outside india

3: shooting of cinema/movies/films in india

CA Ravish Trivedi (The Possibilities are Infinite...) (772 Points)
Replied 10 September 2008

Basic exemption limit is available for Non Resident .

(Guest)

Please provide the amount with relevant section.

Thanks.

CA Annie (Chartered Accountant ) (747 Points)
Replied 11 September 2008

For NRIs, the Basic exemption limit of Rs 150,000 is applicable

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