Please Help: taxability of income
Posted Date : 25-Jul-2013 , 04:15:45 pm | Posted By ravi k. khandelwal
If a indian resident has gone for first time outside india for employement and erans salary in euro, is he liable to pay tax.
What is the relevance of Sec 9.
What is the relevance of Sec 9.
Category : Income Tax | Answers : 2 | Comments : 3 | Hits : 87
Answers
Answer By: CA Pardeep Chanana
In india income is taxable on the basis of residential status. Therefore if a person is non resident for any particular assessment year, income earned outside india would not be taxable.
Section 9 is relevant in cases if some body becomes non resident because of his stay out side india but he is deputed outside india as an employee of india employer, he would be taxed in india.
Section 9 is relevant in cases if some body becomes non resident because of his stay out side india but he is deputed outside india as an employee of india employer, he would be taxed in india.
Answer By: SUBHASH KUMAR JHA
1st you will have to check residential status : -
but if he has stayed in india for less than 182 days in the previoousIf he is india for 182 days in the previous year then he will be treated as resident and income earned even outside india will be taxable in india.
year then he will be treated as nonresident and no tax on such income.
but if he has stayed in india for less than 182 days in the previoousIf he is india for 182 days in the previous year then he will be treated as resident and income earned even outside india will be taxable in india.
year then he will be treated as nonresident and no tax on such income.
Comments
ravi k. khandelwal
25-Jul-2013 , 05:32:44 pmBut sir sec 9 applies to all assessees irrespectives of their residential status, nationality, domicile and place of business. It has been specified if Income from salary ifservice is rendered outside india ( other than govt. employer and employee is citizen of india )
ravi k. khandelwal
25-Jul-2013 , 05:34:48 pmBut sir sec 9 applies to all assessees irrespectives of their residential status, nationality, domicile and place of business. It has been specified if Income from salary ifservice is rendered outside india ( other than govt. employer and employee is citizen of india )
ravi k. khandelwal
25-Jul-2013 , 05:35:05 pmBut sir sec 9 applies to all assessees irrespectives of their residential status, nationality, domicile and place of business. It has been specified if Income from salary ifservice is rendered outside india ( other than govt. employer and employee is citizen of india )