Income from abroad

This query is : Resolved

visu iyer (Querist)
Follow

18 February 2011 Pl. clarify..
a)an NRI employed outside India..
getting salary. Understood that this income is not taxable in India.. (since Tax deducted and paid in the respective country)
But
b) He is getting another income which is other than the above, for which no tax is deducted or paid (income earned the other way)
Is this income stated (b) earned abroad is taxable in India.. ?
Even if DTAA is available how much he needs to pay tax.
c) Apart from the above he has income from India also..

Please clarify..!! with respect to international taxation with applicable FERA FEMA

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

05 March 2011 Only Indian Income is taxable in India in the case of NRI.
*
The nature of Income received outside India will remain same, even if he has not paid taxes there.
*
NRI's Indian Income is going to be taxable.
*
(Humour)
If he has substantial black money with him he should not bring it to India.
It should be get deposited directly, into the safe havens like Swiss Banks and wait till an Amnesty.
*

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

avulaandcopdrl 2023

SIVALINGAM

office docs

Joyashish Maitra

Aayushi Chauhan

Subscribe Now

Income from abroad

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA