Tax on foreign incom

732 views 1 replies

Hi,

If someone has NRI status for last financial year and in current financial year he is  returning to India in month of Aug.

Then, does he has to pay tax for foriegn income April-Aug or only on income after he reached India.

Same case if retrun date is between 01-Oct to 30Jan (if return is after 30Jan then no tax liability for current year)

Pls advice

Replies (1)

if he is a resident for even 1 day, for the whole years global Income, he would be taxed in India. Just see 182 days stay clause for your 2nd query

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details