Hi Friends, I have a doubt. Suppose Mr.X , a non resident, receives pension income from his ex-employer from London. The pension income is deposited by the employer directly in Mr. X's A/C in a Bank say Standared Chartered Bank in India and it is not deposited in any bank account in London. The pension income accrues and arises from London.My doubt is that whether the pension income credited to Mr.X's bank account in India is taxable in India as income of non resident received or deemed to be received in India????Also please give relevant IT sections and case laws if possible...Since the non resident is not having any bank account in London, it is deposited in his account in India. So can any relief be claimed for the same??????
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Taxability of Pension received by a non resident
Replies (3)
Nope...
Such incomes are not chargeable to such NRI...
As, neither it arises or accrues in INDIA.. Its just deposited in INDIAN bank....
I dnt knw the exact section, but its 9 (I)
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