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⟩ Explain incidence of tax in the case of resident but Not-ordinarily resident?

Income which is received or deemed to be received in ABC in the previous year.

• Income which accrues or arises or is deemed to accrue or arise in ABC during the previous year.

• Income which accrues or arises outside ABC from a business controlled or profession set up in ABC.

• Income received outside ABC from a business controlled or profession set up in ABC.

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