QUESTIONS
IMMOVABLE PROPERTY EXAMPLES
1.Property situated in India
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It is income accrued or arise in India. Hence taxable for all (ROR,RNOR,ROR)
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2.Property situated outside India but rent received in India
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Any income which is received in India is taxable for all (ROR,RNOR,ROR)
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3.Property situated outside India but rent received outside India
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Since,it is received outside india and not from business, it is taxable for ROR only
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4.Property situated outside India received there but later sent to India
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Date of first receipt is relevant
Since, it is first received outside india and not from business, it is taxable for ROR only
Interest / Royalty / Fees for Technical Services
Interest / royalty / technical service fees received in India
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Any income which is received in India is taxable for all (ROR,RNOR,ROR)
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Interest / royalty / technical service fees received outside India from Government
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Since it is received from Indian Government, it would be deemed to accrue or arise in India
Hence taxable for all
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Interest / royalty / technical service fees received outside India, from Resident
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If it is paid for running business outside India, it is taxable for ROR
If it is paid for running business in India, it would be deemed to accrue or arise in India
Hence taxable for all
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Interest / royalty / technical service fees received outside India, from Non Resident
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If it is paid for running business outside India, it is taxable for ROR
If it is paid for running business in India, it would be deemed to accrue or arise in India
Hence taxable for all
Profits from Business
Profits from Business in India
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Since business is situated in India, there is business connection in India, it would be deemed to accrue or arise in India. Hence taxable for all
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Profits from Business outside India received in India
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If is received in India,
it is taxable for all
Profits from Business outside India received in India
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If it is received outside India, but business controlled from India, it is taxable for Residents (ROR/RNOR) i.e. not taxable for Non Residents
If it is received outside India, but business is controlled from outside India, it is taxable for ROR only. (i.e. not taxable for RNOR/NR)