What is theTax Liability of the NRI

DEAR MANISH,

SECTION 6 OF THE IT ACT DEALS WITH THE RESIDENTIAL STATUS OF AN ASSESSE

IF AN ASSESSE IN A NONORDINARY RESIDENT OR NON RESIDENT THEN  THE AMOUNT WILL NOT BE TAXABLE IN INDIA AS THE AMOUNT IS FIRST RECIEVED OUTSIDE THE TERRITORY OF INDIA ,AS I N CASE OF NR OR NOR FOREIGN INCOME WILL NOT BE TAXABLE IN INDIA.

But the Account is in Indian Bank (NRE A/C). And the amount directly deposited in to that account. Can we treated that income accrued and received out side India ?

Dear Mani, further to the explanation given by Mr. Prateek, the income accrued and earned outside India by an NRI is not liable to tax in India.

NRIs are taxed only on their Indian income, i.e., income accrued and earned in India . Income earned outside India which is later remitted to India is not taxable in India