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??????
Menu
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
Recent Threads
- Offshore company POEM for Indian resident
- Correction in 26QB filed for late TDS filing
- GST- ITC CLAIM ON LOAN PROCESSING CHARGES
- CApital gains deduction u/s 54EC
- Reversal of Cess shown in provisions credit balanc
- ESOP shares ITR query
- Income tax on arrear payment
- INCOME TAX ON STCG/LTCG
- Ownership Documents for GST registration for Rural
- Exchange rate to use for Canadian Dollars (CAD) fo
Related Threads
- Defective Notice for 44AE Income
- List of shareholders in case of unlisted companies itr 6 of income tax
- Urgent - contract income differ in gst & form 26as
- Define Financial institution as per income tax act
- Set off losses carry forward against income of current year
- "ror" under income tax but "proi" under fema
- Minor filling taxes on income earner on his own skills
CAclubindia
