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This query is : Resolved 

I have a doubt. Suppose Mr.X , a resident but non ordinary resident, receives his superannuation pension income from Australia after deduction of tax by Australian govt. at the rate 35% . The pension income is deposited by the govt. directly in Mr. X's A/C in a Bank say IDBI Bank in India and it is not deposited in any bank account in Australia. The pension income accrues and arises from Australia.My doubt is that whether the pension income credited to Mr.X's bank account in India is taxable in India as income of RNOR received or deemed to be received in India???? Also please give relevant IT sections and case laws if possible...Since the RNOR is not having any bank account in australia, it is deposited in his account in India. So can any relief be claimed for the same??????

One more Kind request...Pls give me the applicable sections and case laws too if possible to justify ur answer..It will help me to an great extent

An RNOR in India will continue to enjoy tax benefits like an NRI. They will be taxed only on income earned in India, unlike Indian residents who have to pay tax on global income.
It's not taxable even the money is deposited in Indian Bank account.

sir as per which section it is not taxable
or do we have to disclose this under RNOR ITR

and case laws too if possible to justify ur answer..It will help me to an great extent

sir, it is directly credited in the Indian bank account why it does not fall under section 5

See the link.


will this foreign pension disclose under exempt income? and what description to be made

Yes, you can disclose it under other exempt income.

thank you so much sir
description: foreign pension accrues and arise outside India received by resident but not ordinarily resident after deduction of tax

Yes, opt description.

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