Taxability of Income in India Person Resident and Ordinarily Resident Resident and Not-Ordinarily Resident Non-Resident 1 Income Received in India Taxable Taxable Taxable 2 Income Earned/Accrued/Arisen in India Taxable Taxable Taxable 3 Income deemed to be Earned/Accrued/Arisen in India* Taxable… Read moreWhat type of Income is taxable in India?
This guide will help you to convert number cells in MS Excel 2007 into their corresponding words in Rupees / Paise. Eg: Convert 5252 to Five Thousand Two Hundred and Fifty Two Only This guide is especially useful for businessmen,… Read moreHow to convert Figures to Words in MS Excel 2007
Types of Residential Status for the Accounting Year 2009-2010 Resident and Ordinarily Resident Resident and Not Ordinarily Resident Non-Resident Who is considered a Resident of India? An individual shall be considered a Resident of India if he fulfills any one… Read moreResidential Status of an Individual in India
Is Income from House Property in India taxable? Any receipt shall be chargeable to tax under the head House Property if the following conditions are satisfied: there should be a building or land appurenant thereto the assessee should be the… Read moreIncome from House Property in India