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Q. > Please Help: NRI TAXATION
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589 views • Question added Mar 24, 2017 • Income Tax • By Anjali jain , CA , Ajmer


IF ANY SALARIED PERSON WHO IS NRI , DOING JOB IN U.A.E. RECEIVE SALARY IN CASH. BRING AMOUNT IN CASH FORM IN INDIA. WHAT WILL BE THE TAX TREATMENT AS PER INDIAN INCOME TAX LAW ? IS THEIR ANY TAX LIABILITY WILL ARISE IN INDIA IF HE FILE INCOME TAX RETURN IN CAPACITY OF NRI IN INDIA?

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Ashish

27-Mar-2017 , 11:39:26 am

IF THE PERSON RECEIVE AMOUNT DIRECTLY IN AN INDIAN BANK THEN SUCH AMOUNT WILL BE TAXABLE IN INDIA IF HE RECEIVE SALARY IN AN U.A.E BANK AND THEN TRANSFER IT TO INDIA THEN AMOUNT WILL NOT BE TAXABLE.

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Bishnu Gupta

15-May-2017 , 10:21:40 pm

first check how much money a person can carry in foreign currency under FEMA. Second, once in India, there is time limit within which one has to convert that foreign currency into INR, again refer FEMA. Third in order to file tax return in India one should have income arising in India and in your case it is not so, so no need to file tax return.

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