TDS DEDUCTION

513 views 1 replies

Any amount paid on purchase of land from TSIIC whether subject to TDS or not?

 

Thanks in Advance

Replies (1)

Your salary income is taxable when you receive your salary in India or someone does on your behalf. Therefore, if you are an NRI and you receive your salary directly to an Indian account it will be subject to Indian tax laws. This income is taxed at the slab rate you belong to

Income from Salary will be considered to arise in India if your services are rendered in India. So even though you may be an NRI, but if your salary is paid towards services provided by you in India, it shall be taxed in India.

In case your employer is Government of India and you are the citizen of India, Income from salary if your service is rendered outside India is also taxed in India. Note that income of Diplomats, Ambassadors is exempt from tax.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register