Taxation of Resident but not oridinarly resident
This query is : Resolved
13 July 2022
An Indian citizen who is been employed outside India and falls under category resident but not oridinarly resident had come to India during FY 2020-21 for a short visit but due to pandemic he couldn't leave India. During this time he worked from India (WFH) and received salary in foreign bank account and also pay taxes in foregin country for the same . Does the aforesaid income is taxed in India?
14 July 2022
For RNRO all the foreign income accrued or earned is not taxable in India. Here it is income earned by employee through WFH in India. Though salary is credited to foreign bank account, but it would be called to be earned in India. So, it will be taxable in India, with rebate of taxes paid in foreign country as per applicable DTAA.
14 July 2022
Thank you Sir.
A small further clarification that client is of view that since he is been employed by foreign company where he is also resident of that country and paying taxes , can't he take an exemption that income is been accrued outside India?
A small further clarification that client is of view that since he is been employed by foreign company where he is also resident of that country and paying taxes , can't he take an exemption that income is been accrued outside India?
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