Sameer D Luthra (SERVICE) (69 Points)
13 August 2008Hi Everyone
What would be the taxability of Income received for the following :
An NRI is employed on "CEO-position" by an Indian Company to run its Dubai Operation on an annual CTC of AED 175000 received in Dubai. For this employment he is permanently based in Dubai. What would be the taxability of this in India for that NRI? Under which section is it governed?
Sameer Luthra
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 13 August 2008
No taxability on income earned abroad by the NRI
Murali
(CA final cleared and CS final)
(102 Points)
Replied 13 August 2008
Income does not accrue or arise in India as he is rendering service in dubai. Therefore it is not taxable in India.
Sameer D Luthra
(SERVICE)
(69 Points)
Replied 13 August 2008
| Originally posted by :Murali | ||
| " | Income does not accrue or arise in India as he is rendering service in dubai. Therefore it is not taxable in India. | " |
Thanks a lot.
soumya
(Article)
(40 Points)
Replied 04 October 2008
hii sameer,
since the above income neither accrue nor arise in India. so it is not taxable in India.
sushil
(Accounts)
(62 Points)
Replied 18 December 2009
What is the taxability if UK citizen holder of OCI (oversease card of India) card working in India and earning salary in INR.
Anshika
( CA -Industry- Sr.Accounts Officier)
(141 Points)
Replied 18 December 2009
as income arise and acdue in india , it is taxable in india
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