1. Does income accrued outside india but received in india attracts any tax liability???????????
2. Income received from telephone tower OR Hoardings situated at top of the house COMES UNDER WHICH HEAD OF INCOME AND WHY??????
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Income tax
Replies (4)
the answer of first question is YES, it is taxable in India even though the person is non-resident.
It will come under the head-Other sources
Under which head, rent rec. from let out of commercial property will fall?
IT WILL FALLL UNDER INCOME FROM HOUSE PROPERTY
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