Nri income vs indian income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2011
A person was an NRI during FY 2009-10.
His taxable income in India Rs 900 000/- And Taxable income in UK is 32 lakhs as converted into Rupee denomination
The assessee has paid tax on Rs 900000/- calculated at SLAB RATE. whether it is ok?
Does he hAve any option such as
PAYING TAX AT FLAT RATE ?
What is the flat rate for FY 2009-10
His taxable income in India Rs 900 000/- And Taxable income in UK is 32 lakhs as converted into Rupee denomination
The assessee has paid tax on Rs 900000/- calculated at SLAB RATE. whether it is ok?
Does he hAve any option such as
PAYING TAX AT FLAT RATE ?
What is the flat rate for FY 2009-10
23 August 2011
The assessee has paid tax on Rs 900000/- calculated at SLAB RATE. it is ok.
NRI is not required to pay tax on his foreign income.
NRI is not required to pay tax on his foreign income.
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