Dividend
This query is : Resolved
CA Saba Naaz
(Querist)
18 October 2010
Dividend on shares from a foreign company received abroad...
Is it taxable in the hands of a NON-RESIDENT..?
Is it taxable in the hands of a NON-RESIDENT..?
Nikhil Kothari
(Expert)
19 October 2010
No.
The below are the cases where a Non- Resident is taxable in India.
1)As per sec. 7 & 8, Income received or deemed to be received in India and
2)As per sec. 9, Income accruing or deemed to accrue or arise in India.
As the given situation does not fall under any of the above two cases, A Non-Resident is not taxable in India for Dividends received from a foreign company outside India (abroad).
The below are the cases where a Non- Resident is taxable in India.
1)As per sec. 7 & 8, Income received or deemed to be received in India and
2)As per sec. 9, Income accruing or deemed to accrue or arise in India.
As the given situation does not fall under any of the above two cases, A Non-Resident is not taxable in India for Dividends received from a foreign company outside India (abroad).
Message likes :
1 times
Nikhil Kothari
(Expert)
19 October 2010
No.
The below are the cases where a Non- Resident is taxable in India.
1)As per sec. 7 & 8, Income received or deemed to be received in India and
2)As per sec. 9, Income accruing or deemed to accrue or arise in India.
As the given situation does not fall under any of the above two cases, A Non-Resident is not taxable in India for Dividends received from a foreign company outside India (abroad).
The below are the cases where a Non- Resident is taxable in India.
1)As per sec. 7 & 8, Income received or deemed to be received in India and
2)As per sec. 9, Income accruing or deemed to accrue or arise in India.
As the given situation does not fall under any of the above two cases, A Non-Resident is not taxable in India for Dividends received from a foreign company outside India (abroad).
19 October 2010
right..
only Indian Income will be taxable for a Non Resident.
only Indian Income will be taxable for a Non Resident.
Message likes :
1 times
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
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Ito add credit side of bank
- GSTR9 Annual Return
- RCM and same line
- Closer of business and itc of capital goods
- ARCA LOGIN
- Import of Capital Machine
- Upload Level ValidationITR3Category of Defect B/D
- 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.
- MSME Payment Sec.43B (h)
- 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
