REGARDING INCOME EARNED BY NRI
This query is : Resolved
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Suresh S. Tejwani
(Querist)
23 May 2024
If any income earned by non resident by way salary and Company directly deposits salary in indian account of such nri then such income would be taxable as income arises in india?
Or it would be treated as foreign remmitance and would become exempt in india?
Or it would be treated as foreign remmitance and would become exempt in india?
Dhirajlal Rambhia
(Expert)
23 May 2024
If Income is not accrued or earned in India, then not taxable under IT act, 1961.
CA Puja Sharma
(Expert)
24 May 2024
If the salary is not earned in India i.e., accrued and received in abroad then there will be no tax liability in India.
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