Residential status

Others 188 views 5 replies

Tax Consultant

1029 Points Joined March 2012

income from business in the US controlled from Delhi is taxable in case of which resident statuses?

Replies (5)

student

780 Points Joined January 2017

Taxable in these classes of assesses -

Resident and ordinarily resident

Resident but not ordinarily resident

CA Final

618 Points Joined August 2012

Particulars Income received or deemed to be received in India whether earned in India or elsewhere	ROR Yes	RNOR Yes	Not Resident Yes
Income which accrue or arise or is deemed to accrue or arise in India during the previous year, whether received in India or elsewhere	Yes	Yes	Yes
Income which accrue or arise outside India and received outside India from a business controlled from India	Yes	Yes	No
Income which accrue or arise outside India and received outside India in the previous year from any other source	Yes	No	No
Income which accrues or arises outside India and received outside India during the year preceding the year and remitted to India during the previous year	Yes	No	No
From the above, we can that it is taxable in india, due to it was controlled from here.