Please Help: INCOME TAX
Posted Date : 08-Aug-2013 , 04:40:42 pm | Posted By: Ankit Patel
Category :
Income Tax | Answers :
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Comments :
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I HAVE INVESTED IN SINGAPUR BASED CO.WITH 35%SHARE.ALTHOGH I WILL VISIT OPHEN BUT WILL NOT CROSS 180 DAYS STAY IN SINGAPUR.MY OTHER PARTNER HAVE AGREE YO GIVE ME SALARY FROM WHICH TAXES SHALL BE PAID IN SIGAPUR.WHAT WILL THE POSITION IN INDIA AS PAR AS TAXATION IS CONCERNS. |
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Answers:
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 Answer by: SUBHASH KUMAR JHA |
| according to section 6 of income tax act if any person will go to other country for just to visit and then total stay in india comes to 182 days or more then he will be treated as resident and global income will be taxed in india
As per your querry:
If you will stay in singapoor for 180 days then total stay in india comes to 185 days (365-180) accordigly you will be treated as resident
So your global income means salary received outside india will also be taxed in india.
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