Income from abroad
This query is : Resolved
17 November 2016
Hi,
I am providing a consulting service to a client in Abudhabi from 01-Mar-16 to 13-Dec-16 and earn from this. They deposit into my NRI account. During this period I am out of India for 145 days.
From 14-Dec-16 I am going to join in a Company in India and they will cut TDS and give me Form-16 at the end of FY.
Do i need to pay Income tax for the money i earned in Abudhabi ? Please suggest.
I am providing a consulting service to a client in Abudhabi from 01-Mar-16 to 13-Dec-16 and earn from this. They deposit into my NRI account. During this period I am out of India for 145 days.
From 14-Dec-16 I am going to join in a Company in India and they will cut TDS and give me Form-16 at the end of FY.
Do i need to pay Income tax for the money i earned in Abudhabi ? Please suggest.
17 November 2016
You are resident of India for this financial year so the income earned in Abudhabi is taxable in India.
17 November 2016
Thanks sir. If my new company send me on a project work to US for 40 days in Feb & Mar-17, Shud i need to pay tax ?
17 November 2016
You will still be considered as resident, such short visits will not make you non resident.
17 November 2016
Sir, As i read if i stay more than 182 days outside India, i will be NRI and my income will not be taxable in India.
145 + 40 = 185 days in a FY i will be staying outside the country.
145 + 40 = 185 days in a FY i will be staying outside the country.
17 November 2016
That condition is for those leaving the country for employment abroad.
17 November 2016
Thanks sir for your reply. Though i provide consultancy services I am on working visa. Actually I am employed by a company abroad as a consultant.
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