Taxable Income and Residential status under Income tax Act

Posted: 23 Jan 2011 08:07 PM PST

Impact of residential status on the taxability of income Resident Income:Worldwide Income Taxable NOR(not ordinary resident) Income received in India Income accruing or arising in India Income deemed to accrue or arise in India Income from business or profession controlled wholly or partly in India Not resident(NR)Income received in India Income accruing...

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