Section for foreign income

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Umesh Gulabchand Soni (Querist)
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07 January 2012 HI,

Please let me know in which section should i show the foreign income exemption as my residential status is NRI

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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07 January 2012 Such Income do not form part of Total Income.
As I know, NRI need not to show exemption under any section as the said income is not being included in the total income.

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CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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07 January 2012 Foreign income of NRI is not chargeable to tax under the provisions of Income Tax Act (Section 5)

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Umesh Gulabchand Soni

Umesh Gulabchand Soni (Querist)
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07 January 2012 So while filling the return i should not show that income in my returns

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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07 January 2012 You have to show -
Taxable Income & Income which is specifically exempt from Tax ONLY.
.
INCOME NOT FORMING PART OF THE TOTAL INCOME
MAY BE UNDERSTOOD TO BE DIFFERENT FROM EXEMPT INCOME AND SUCH IT IS NOT REQUIRED TO BE SHOWN IN THE RETURN BY AN NRI.