Menu
Query w. r. t. Impact of Taxes on Invested amount?
Do i need to pay taxes on invested amount in India or outside India?
Replies (3)
No, if you have any income from investment then you need to pay.
If amount is invested in India then tax should be levied as income is accruing in India and investment outside India have no tax to be paid as income is not accruing in India
I agree with Ankit. In general, investments are not taxed per se but income on such investments are subject to income tax.
Recent Topic
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
Related Topics
CAclubindia
