filing of returns

No Filing of Returns by NRI or Non-Resident or Foreign Company in Certain Situations...

Income Tax Act provides for filing of returns by assessees if the gross income is in excess of exemption limit and for company and...
NRE account

Is salary received in NRE account in India For services rendered outside India by...

Let us start with an example of a Non Resident Indian who is employed in a foreign country with a foreign employer. Because of...
non_resident

Plan Your travel for Retaining Non Resident Status.

Having the status of non resident in India is certainly beneficial tax wise . But the moment one becomes resident under Income Tax Act,...
Fomr 15H

Can Non Resident File Form 15G or 15 H?

A question on filing of form 15G or 15H by a non resident has been asked by one reader of the blog N Rabindranath...

What A Resident Must Know Before Buying Property From A Non Resident?

It is not just a buy and sale transaction when a resident of India buys a property from a non resident. Since the  sale...

How to Reduce Tax on NRO Interests By at Least 33% !

Non Resident Indians or NRI , most often , opens a Non Resident (Ordinary ) account which is used for any financial transaction within...
non_resident

Non Resident Status:Planning Arrival & Departure !

Having Non Resident status in India is good from taxation angle as the total income of an indiaviual which chargeable to tax is computed...

Easy Chart for Taxation of Income of Non Residents !

Non Residents persons -individual , LLP or companies get special treatment under Income tax Act.There are various provisions which may affect various non residents...

Taxation of Non Resident Income- 10 Quizzes to Enhance Your Knowledge

The income of non resident persons in India is taxed differently under Income Tax Act. There is also distinction between non resident foreigners and no resident Indians (NRIs) who are...

Interest Paid By Branch to Principal Non Resident Company based at Netherland Not Taxable...

The assessee was a foreign company incorporated in Netherlands having its principal branch office in India. In course of its banking activities, the assessee?s...