LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Taxation of nri income

(Querist) 29 July 2014 This query is : Resolved 
Sir,
My friend is residing at Dubai since 5 years. His status is NRI as per Income-tax Act. He has salary income of Rs. 30,00,000/- yearly there. He is regularly filing his Income-tax return regularly in India showing his interest etc. earned in India.
1) Whether his income is taxable in India? If taxable, than under which section. If exempted under which section of Income-tax.
2) Rate if Income-tax if any and the rebate allowable to him as NRI.
With regards,
(Motilal Jhalani)
Report Abuse
Devajyoti Barman (Expert) 29 July 2014
why are you interested to know this fact when your friend does not seem to have any issue?
Rajendra K Goyal (Expert) 29 July 2014
Academic query. Consult tax consultant.

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!