For the Assessment year 2021-22, Shankar is a non-resident in India. From the information given below, find out his income chargeable to tax for the Assessment year 2021-22: (i) Technical fees received from an Indian com
CS Professional · Advanced Tax Laws · PYQS · December 2021
For the Assessment year 2021-22, Shankar is a non-resident in India. From the information given below, find out his income chargeable to tax for the Assessment year 2021-22: (i) Technical fees received from an Indian company in Japan for advice given by him in respect of a project situated in China ₹3,68,000.
Answer & Explanation:
Computation of Taxable Income of Mr. Shankar (Non-Resident) for AY 2021-22 Particulars Amount Technical fees received from an Indian company in Japan for advice given by him in respect of a project situated in China shall not be chargeable to tax because it is not deemed to accrue or arise in India and not received in India. Nil
Topics: Income Tax
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