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Residential Status Sec.6(1A)
Direct Taxation
There is a condition for deemed resident u/s 6(1A) "He is not taxed in any other country or territory because of his domicile or residence or any other criteria of similar nature." Doubt is taxed the Indian Income or Foreign Income?
Answers (8)
Best Answer
Thread Starter
Balamurali Unnithan M STax on Indian Income or Foreign Income,?
That will be computed as per respective tax laws applicable in that country
Deemed resident is Resident but NOR.So Indian income + foreign income( only if business controlled or profession set up in india ) will be taxed
Himanshu Somani
Deemed resident is Resident but NOR.So Indian income + foreign income( only if business controlled or profession set up in india ) will be taxed
Thanks, Himanshu Ji. But the question is about 3rd condition for Deemed Resident.
Thread Starter
Balamurali Unnithan M SThanks, Himanshu Ji. But the question is about 3rd condition for Deemed Resident.
That condition simply states that person will be regarded as deemed resident only if he is not liable to pay tax anywhere on the globe i. e.,in order to avoid double taxation (as per DTAA )
Himanshu Somani
That condition simply states that person will be regarded as deemed resident only if he is not liable to pay tax anywhere on the globe i. e.,in order to avoid double taxation (as per DTAA )
What about -He is Resident in one or more countries?
His residency in other country may be a criteria for taxation of his income in that country. Here, we consider... Whether he is non - resident in India. Whether he is not paying any tax in any other country. (So, they also will be Come under the ambit of RBNOR)
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