my friend is living in Germany, He is non resident.
But he wants to pay tax on income voluntary.
can you please tell me in which head I should show his income and which I income I should declare???
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Quick Summary
A non-resident friend living in Germany wishes to voluntarily pay income tax in India. The discussion clarifies how to declare income, even if no Indian income arises. It specifically addresses declaring income from a vacant house property in India, explaining that notional rent can be taxed after deductions.
If the property is vacant, then notional rent can be chargeable to tax after deducting 30% standard deduction and interest deduction if at all any loan is taken for the property.
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