Residential status
Suresh Pai S (Tax Consultant) (1029 Points)
12 March 2017Suresh Pai S (Tax Consultant) (1029 Points)
12 March 2017
shilpi
(student)
(780 Points)
Replied 12 March 2017
Taxable in these classes of assesses -
Resident and ordinarily resident
Resident but not ordinarily resident
Mahesh Babu
(CA Final)
(618 Points)
Replied 12 March 2017
Particulars Income received or deemed to be received in India whether earned in India or elsewhere |
ROR |
RNOR |
Not Resident |
Income which accrue or arise or is deemed to accrue or arise in India during the previous year, whether received in India or elsewhere |
Yes |
Yes |
Yes |
Income which accrue or arise outside India and received outside India from a business controlled from India |
Yes |
Yes |
No |
Income which accrue or arise outside India and received outside India in the previous year from any other source |
Yes |
No |
No |
Income which accrues or arises outside India and received outside India during the year preceding the year and remitted to India during the previous year |
Yes |
No |
No |
From the above, we can that it is taxable in india, due to it was controlled from here. |
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 13 March 2017
Mahesh Babu
(CA Final)
(618 Points)
Replied 13 March 2017
See third point for business controlled from india, in your case also.
shilpi
(student)
(780 Points)
Replied 13 March 2017
No business connection is different.
Business connection has been explained in sec (9)(I)(i)