Nri query

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2011 1) In the PY 2009-2010, I am having NRI status as I was out of India for a period exceeeding 180 days. I worked on two contracts one in Europe and one in Dubai.

The contract in Europe had services rendered in Europe and the remittances on the invoices raised for the period 1 Jun 2009 to 15 Oct 2009 on this contract, has been remitted directly by my client to my NRI account in India.

For the Period 15 Oct 2009 to 31 March 2010, I worked in Dubai, under a contract, and the remittance on these were first received by me in my Dubai bank account after which I transferred to my NRI account in India.

My CA was comfortable for the remittance that I made from my bank account in Dubai, however wanted an opinion on the remittance made by my client directly from Europe to my NRI bank account

Could you kindly provide me with some tax opinion with reference to cases that demonstrate that NRI receipts , remitted directly to India from abroad are also not eligible for tax in India?

2) The second point is in the PY 2010-2011, I have received some money for my Dubai project, although these were accrued in PY 2009-2010, In the PY 2010-2011 Iam not having NRI status, so would this receipt become eligible for tax.

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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11 December 2011 1. wHATEVER MAY THE MODE OF REMITTANCE THE INCOME HAS ACCRUED OR ARISEN OUT OF INDIA HENCE NOT TAXABLE IN INDIA
2. YES NOW UR WORLD INCOME IS TAXABLE

CA MANOJ GUPTA
JODHPUR
09828510543

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