Amit Gupta (Employee) (128 Points)
03 September 2011Hi,
I will have salary income in India from 1-April 2011 to 25 Sep-2011 and then in singapore. I will be relacating to singapore. Could you please help me understand the tax treatment of my income in India and Singapore? Will I be called NRI?
Regards,
Amit
praveen
(Chartered Accountant)
(6971 Points)
Replied 03 September 2011
(a) A person is said to be a resident of India if he has stayed in India for a period not exceeding 182 days. - In your case you have not stayed in India for 182 days.
OR
(b) He must have stayed for atleast 60 days in the previous year and atleast 365 days in 4 Previous years - I assume that you have stayed in India for 365 days
BUT
the provisions of (b) will not apply if you have left India on account of obtaining employment outside India. - Same being your case.
On the basis of above facts you will be a NON RESIDENT. Your Income however, earned in India will be taxable as it is accrued or arised in India and shall be taxable . However, the income earned by you in Singapoore will not be taxable in INDIA.
Regards
valji
(Accounts manager-MBA)
(2150 Points)
Replied 03 September 2011
agree with above condition for treating residenat status of RESI ,ODINERI RESI OR NON RESI
Amit Gupta
(Employee)
(128 Points)
Replied 07 September 2011
Hi,
In case my stay in India exceed 182 days , does salary income in singapore be taxable in india?
Regards,
Amit
CAclubindia
