29 October 2015
Dear all One of my client is non resident as per Income Tax Act He did not transfer any amount in India during last Pri Year but his old business which he was doing before going outside India, is presently handled by his brother as business manager Now my question is that can he filed income tax return in India in relation to Indian business
29 October 2015
rather he has to file the income tax return for the income earned from business in India.
In this, he can show the amount earned outside India (Please note in the case of Non Resident, the income earned outside India is NOT taxable in India) So, you can show this income earned outside (Although NOT remitted to India) under the EXEMPT income column in the ITR.