Residential status
This query is : Resolved
rao vivek dilipkumar
(Querist)
16 August 2012
for ordinary residence person is liable for tax in india if he earns income outside india
and received out isde india?why?
for ordinary residence person is liable for tax in india if he earns income outside india
and received out isde india?why?
Pankaj Gupta
(Expert)
16 August 2012
If a person with status "RESIDENT AND ORDINARY RESIDENT" receives any any income anywhere in the world then his whole of that income is taxable in India. But relief u/s 90 and 91 can be claimed by him.
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rao vivek dilipkumar
(Querist)
17 August 2012
thank you sir.
thank you sir.
rao vivek dilipkumar
(Querist)
17 August 2012
in which purpose we compute degree of operating leverage? and it's answer is what indicates?
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