March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section – 115-I : Chapter not to apply if the assessee so chooses115-I. A non-resident Indian may elect not to be governed by the provisions of this […]
March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section 115H of Income Tax: Benefits for NRIs Who Became Indian ResidentUnder the Income Tax Act 1961, a person can have one of three residential statuses: […]
March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section – 115G : Return of income not to be filed in certain cases115G. It shall not be necessary for a non-resident Indian to furnish under sub-section (1) of […]
March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section – 115F : Capital gains on transfer of foreign exchange assets not to be charged in certain cases115F. (1) Where, in the case of an assessee being a non-resident Indian, any long-term capital […]
March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section – 115E : Tax on investment income20 and long-term capital gains.115E. Where the total income of an assessee, being a non-resident Indian, includes— (a) any income […]
March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section – 115D : Special provision for computation of total income of non-residents115D. (1) No deduction in respect of any expenditure or allowance shall be allowed under any […]
March 1, 2018Published by Law@HostBooks at March 1, 2018Categories CHAPTER XIIA - Special provisions relating to certain incomes of non-residents Income-tax Act 1961Section – 115C : Definitions115C. In this Chapter, unless the context otherwise requires,— (a) “convertible foreign exchange” means foreign exchange […]