What is Foreign Income

Is income received or accrued outside India but controlled in India foreign income???
Replies (2)
Quick Summary
This discussion clarifies that whether income is received or accrued outside India, but controlled within India, is determined by your residential status, not the income's origin. Section 6(1) of the Income Tax Act is crucial in establishing your residential status, which in turn dictates the extent of your taxable income in India.

Indian income or foreign income is irrelevant, residential status of the assessee determines the scope of taxable income
Incidence of taxation and residential status Sec 6(1) is important.

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