REGARDING INCOME EARNED BY NRI


This query is : Resolved 

Quick Summary
This discussion clarifies the taxability of income earned by Non-Resident Indians (NRIs). If salary is earned and accrued outside India, it is generally not taxable in India, even if directly deposited into an Indian bank account. The key factor is where the income was earned or accrued, not solely where it is received.

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?

23 May 2024 If Income is not accrued or earned in India, then not taxable under IT act, 1961.

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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