Income from dubai
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 March 2017
A person is resident India, receiving Income from Partnership Firm in Dubai. Since there is no taxation in Dubai, Whether Income from Partnership firm is taxable in Individual's hands ? does Indian Resident has to pay tax on Income from Partnership firm in Dubai (Interest/Remuneration/Share of Profit)
08 March 2017
For Indian residents global income is taxable in India. All the heads of income from Dubai firm is taxable in individual's hands.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
08 March 2017
Thank you. even if there is no taxation in Dubai, Individual is liable for taxation on same Income in India?
08 March 2017
Yes it is taxable in India as he is resident of India.
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