1. Does income accrued outside india but received in india attracts any tax liability???????????
2. Income received from telephone tower OR Hoardings situated at top of the house COMES UNDER WHICH HEAD OF INCOME AND WHY??????
Narayan paudel (FINAL) (205 Points)
21 February 20091. Does income accrued outside india but received in india attracts any tax liability???????????
2. Income received from telephone tower OR Hoardings situated at top of the house COMES UNDER WHICH HEAD OF INCOME AND WHY??????
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 21 February 2009
the answer of first question is YES, it is taxable in India even though the person is non-resident.
Naina
(CA Student)
(477 Points)
Replied 21 February 2009
Under which head, rent rec. from let out of commercial property will fall?
suneet
(CA FINAL)
(421 Points)
Replied 21 February 2009
IT WILL FALLL UNDER INCOME FROM HOUSE PROPERTY
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies