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| *The Commerce Journal>>>India Taxes |
Income Tax related? |
If an Indian national works abroad and earns money and dont have any other income in India, is he liable to pay income tax in India ? If he costruct a house or buy a land, he is liable to disclose the source of income ? The money you earn out side India as a NRI, is not taxable in India. When you lose your NRI status, then you have to pay taxes in India from that year. The taxablity of income earn our\t side depends on the residential status. If he is non resident then the amount of income earned outside India is not taxable. However if he is resident to India then his income is taxable in India subject to DTAA |
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